Title: Salary Reduction Simplified Employee Pension-Individual Retirement Accounts Contribution Agreement.Salary Reduction Simplified Employee Pension-Individual Retirement Accounts Contribution Agreement • February 3rd, 2016
Contract Type FiledFebruary 3rd, 2016Description: Form 5305–A–SEP is used by an employer to make an agreement to provide benefits to all employees under a salary reduction Simplified Employee Pension (SEP) described in section 408(k). This form is not to be filed with IRS, but is to be retained in the employer’s records as proof of establishing such a plan, thereby justifying a deduction for contributions made to the SEP. The data is used to verify the deduction.