With the new edition of SIMPLE, SEP, and SARSEP Answer Book, you get clear explanations and proactive strategies for maximizing plan benefits and the tools for crunching the actual numbers. The book provides the most complete, up-to-date coverage on the establishment, operation, and termination of a SIMPLE, SEP or SARSEP program and answers tough questions about:Statutory requirements governing SEPsEmployer eligibilitySalary reduction contributionsExclusions and contributions and their deductibilityHandling excess contributionsFiduciary responsibilitiesPreparation of documents for IRS approvalTax planning opportunitiesThe Taxpayer Relief Act of 1997The IRS Restructuring and Reform Act of 1998