Yes. You can participate in a SEP (other than a model SEP) even though you participate in another plan of the same employer. However, the combined contribution limits are subject to certain limitations described in section 415 of the Internal Revenue Code. Also, if you work for several employers, you may be covered by the SEP of one employer and a pension or profit-sharing plan of another employer.
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Samples: Adoption Agreement (Premier Strategic Growth Fund), Adoption Agreement (Dreyfus Global Growth Fund), Adoption Agreement (Dreyfus Growth Opportunity Fund Inc)
Yes. You can participate in a SEP (other than a model SEP) even though you participate in another plan of the same employer. However, the combined contribution limits are subject to certain limitations described in section 415 of the Internal Revenue Code. Also, if you work for several employers, you may be covered by the SEP of one employer and a pension or profit-sharing plan of another employer. Also see Questions 12 and 13.
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