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Author: JEhmig Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: Re: Self-Employed SEP & SIMPLE questions Date: 2/10/2000 11:44 AM
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1. You were not the spnsor of the old SIMPLE plan, so it would not preclude you from starting one for yourself if you wish.

2. you may have the SEP-IRA. You (as a sole propritor or corp.) do not maintain any qualified plans at this time. You have IRA accounts that came from qualified plans.

You are probably aware of this, and it probably wouldn't matter anyway. but you can longer start any new SAR-SEP plans. Regular SEP's are ok though.

Good luck!
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