Simplified Employee Pension-Individual Retirement Accounts Contribution Agreement

ICR 201503-1545-016

OMB: 1545-0499

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2015-04-28
Supplementary Document
2008-11-26
ICR Details
1545-0499 201503-1545-016
Historical Active 201112-1545-031
TREAS/IRS
Simplified Employee Pension-Individual Retirement Accounts Contribution Agreement
Extension without change of a currently approved collection   No
Regular
Approved without change 08/07/2015
Retrieve Notice of Action (NOA) 04/30/2015
  Inventory as of this Action Requested Previously Approved
08/31/2018 36 Months From Approved 08/31/2015
100,000 0 100,000
495,000 0 495,000
0 0 0

This form is used by an employer to make an agreement to provide benefits to all employees under a Simplified Employee Pension (SEP) described in section 408(k). This form is not to be filed with the IRS but to be retained in the employer's records as proof of establishing a SEP and justifying a deduction for contributions to the SEP. The data is used to verify the deduction.

US Code: 26 USC 408(k) Name of Law: Simplified employee pension defined
   US Code: 26 USC 404(h) Name of Law: Deduction for contributions of an employer to anemployees' trust or annuity plan and compensation u
  
None

Not associated with rulemaking

  80 FR 4640 01/28/2015
80 FR 24317 04/30/2015
No

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 100,000 100,000 0 0 0 0
Annual Time Burden (Hours) 495,000 495,000 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$10,231
No
No
No
No
No
Uncollected
Ronald Fowler 202 622-3158

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
04/30/2015


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