SIMPLE, SEP, and SARSEP Answer Book provides up-to-date coverageof recent legislative and regulatory developments in simplified employeepension (SEP) plans and savings incentive match plans for employees (SIMPLEs).It provides clear and concise guidance on the complex design, administration,and compliance issues that arise in connection with SIMPLEs, SEPs, and salaryreduction SEPs (SARSEPs).Highlights of SIMPLE, SEP, and SARSEP Answer Book, Eighteenth Edition, include:Discussion of the final exemption procedure from the prohibited transactionrules that apply after December 26, 2011How to compute the compensation a self-employed individual needs to beallocated the maximum amount ($50,000) for 2012Why the Code Section 164(f) deduction for half of the self-employment taxeswill be close to, but not equal to half, of the self-employment tax shown onSchedule C of Form 1040 or Form 1040NR for 2011 and 2012The statutory changes under GOZA, TIPRA, HERO, PPA, HEART, and WRERA relatingto qualification of IRAs that became effective after the mandatory amendmentswere announced in 2002How the deduction for one-half of the self-employed health insurance (SEHI)was treated when calculating one-half of the self-employment tax under CodeSection 164(f) for 2011 and 2010When a person providing investment advice becomes a fiduciary under theproposed fiduciary advice regulations issued in 2010What an Employer Plans Compliance Unit (EPCU) examination program requestinvolving a SIMPLE or SEP is looking for and how to respondHow a prototype traditional IRA, SEP-IRA, or SIMPLE IRA may be amended toincorporate statutory changes without affecting reliance on a favorableopinion letterHow the designated Roth account (DRA) rules apply to a 401(k) SIMPLE IRA planAnd much more!.