What if I own multiple businesses, do I need to consider all employees in the Uni-DB plan?
If you are the sole owner of more than one business, you will need to consider all of your employees when setting up a Uni-DB plan. Depending on your ownership interest or affiliations with multiple businesses, the businesses may be considered under common control as defined by the IRS. This means that all employees must be considered when setting up a retirement plan. Click here for additional information on “controlled group” situations.
