M
mgpierce
Guest
If a person owns a company and sets up a SIMPLE Plan for his employees (and maxes his contributions) Can he become involved in another defined contribution plan if he starts a second business in which he is the only employee? This second business would have a seperate name, tax ID number, etc. What is the maximum he can contribute to this second plan? Does it have to be a SIMPLE or can it be a SEP or HR-10 plan?