Yes, you can! You can set up a Simplified Employee Pension (SEP) up until the due date of your tax return, including extensions! You must contribute for each eligible employee. You can set up a SEP using IRS Form 5305-SEP. Your contributions are tax deductible, and you are saving for
New Fiduciary Rule Effectively “Killed”
We previously reported that due to a Presidential Memorandum issued on 2/3/17, the Dept. of Labor has granted a 60 day extension to the application of the fiduciary rule and exemptions known as BICE (Best Interest Contract Exemption). The Fiduciary Rule was to go into effect 4/10/2017 but will now