Was this page helpful?
Thank you!

Comments or suggestions?

Enter Email Address (optional)

Company pension plans

If your company provides a retirement plan such as a 401(k), 403(b), Simplified Employee Pension (SEP), or SIMPLE plan, your employees are considered covered by the plan even if they are not active participants in it.

There are only few cases when an employee is not covered by a company pension plan (for example, an employee or employee's spouse who is not covered for part of the year, Social Security or railroad retirement, reservists, and volunteer firefighters). Check with your accountant or refer to IRS Publication 590, Individual Retirement Arrangements (IRAs), for more information.

11/19/2017 2:29:33 AM
PPRDQSSWS802 9142 Pro 2018 2b701a