1/19/2012 Here is a brief overview of requirements for SIMPLEs and SEPs.  Great checklist from IRS for SIMPLEs. SIMPLE IRA .   http://www.irs.gov/pub/irs-tege/simple__checklist.pdf a.            Corp cannot maintain another retirement plan (so NO to SEP if there is a  SIMPLE) b.            Must be offered to all employees who have earned at least $5,000 from employer in any… Continue Reading