WealthRabbit Support Need Help? We've got you covered Get Answers Support Employee SIMPLE IRA SIMPLE IRA Account Who is a Politically Exposed Person (PEP)? A Politically Exposed Person (PEP) is an individual who holds a high-profile public office. This includes roles such as elected representatives, government ministers, and top executives of state-owned corporations, etc. Was this helpful? Yes No Related Questions Can an employee contribute to both a traditional IRA and a SIMPLE IRA in the same year? Can an employee take loans from a SIMPLE IRA? Who is a Control Person? Go to Home Page Need more help? Get in touch with our dedicated support team Contact Us (704) 912-5450 support@wealthrabbit.com