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Level 1

In what name does a disregarded LLC open a SEP-IRA?  In the name of the sole owner?  In the name of the LLC?

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Level 15

The Plan is established by the business.

The Accounts are owned by individuals.

Set-up steps for a SEP

There are three steps to establishing a SEP.

  1. Execute a written agreement to provide benefits to all eligible employees.
  2. Give employees certain information about the agreement.
  3. Set up an IRA account for each employee.



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