Salary Reduction Simplified Employee Pensions (SARSEPs) | Practical Law
A Practice Note providing an overview of Salary Reduction Simplified Employee Pensions (SARSEPs). It discusses the eligibility requirements, steps to starting and maintaining SARSEPs, contribution limits, treatment of distributions, tax treatment, and key features. In addition, the Note identifies the advantages and disadvantages of SARSEPs and considerations for a small employer.