We get to set up a Simplified Employee Plan (SEP) for DH this year. He had a really good year with his consulting business
aka we owe Uncle Sam bunches.
I'm guessing our tax guy will give us the final numbers on April 15th (this is the last year I'm using him - very long, complicated story) so here's my question.
We don't have a SEP established with Vanguard, but we do have accounts there. From what I read on the IRS site:
You can set up a SEP for a year as late as the due date (including extensions) of your business income tax return for the year you want to establish the plan.
I take this to mean that I can POSTMARK the application and check on April 15th and still be OK? Just wanted to run this by someone else before I ASSume too much.
Thanks in advance.