Discussion:Social Security Integration
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| Revision as of 04:46, 1 February 2009 LH2004 (Talk | contribs) (First of all, th) ← Previous diff |
Revision as of 04:52, 1 February 2009 Ss-cpa (Talk | contribs) (I would like to) Next diff → |
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| No, a company with a SIMPLE may not have any other plans, including SEPs (and SIMPLE plans).}} | No, a company with a SIMPLE may not have any other plans, including SEPs (and SIMPLE plans).}} | ||
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| + | {{ForumReplyPost|UserID=Ss-cpa|Date=1 February 2009|Text=I would like to be able to calculate the additional company contributions for partners who make over the social security wage base for a profit sharing plan now and possibly a SEP later, if they should terminate the profit sharing plan.}} | ||
Revision as of 04:52, 1 February 2009
Discussion Forum Index --> Advanced Tax Questions --> Social Security Integration
Discussion Forum Index --> Tax Questions --> Social Security Integration
| 1 February 2009 | |
| Does anyone know where I can find a good article or guide for calculating social security integration (SSI)? As I understand, SSI is available for SEP's in addition to 401(k) and other qualified plans. Am I correct? Lastly, is it ok for a company to have a combination of a SEP and a SIMPLE plan? | |
| February 1, 2009 | |
| First of all, there's no such thing as integration any more; it's called permitted disparity.
What is it you want to calculate -- the benefits under a particular plan, or testing whether a plan will pass the nondiscrimination tests? Yes, SEP's may use permitted disparity (other than SARSEPs with respect to salary reduction contributions. No, a company with a SIMPLE may not have any other plans, including SEPs (and SIMPLE plans). | |
| 1 February 2009 | |
| I would like to be able to calculate the additional company contributions for partners who make over the social security wage base for a profit sharing plan now and possibly a SEP later, if they should terminate the profit sharing plan. | |
