CHAPTER 12 SIMPLIFIED EMPLOYEE PENSIONS (SEPs), SIMPLE-IRA PLANS, IRAs, ROTH IRAs, and HSAs

This chapter discusses SEPs and SIMPLE-IRA plans. Both plans provide for employer contributions to be made to IRAs established for the plan participants. In some cases, the participants also will contribute to these vehicles (SARSEPs, in the case of SEPs, and in SIMPLE-IRA plans). But there are significant differences between these two programs. We also address the rules for IRAs in this chapter. In Section IX we address non-Roth IRAs. In Section X we address Roth IRAs. Finally, in Section XI, we address Health Savings Accounts (HSAs). Although HSAs are not retirement savings vehicles, they may be accumulated to the extent not used for medical expens