Comments on: How to Set Up a SEP IRA http://www.accumulatingmoney.com/how-to-set-up-a-sep-ira/ Because wealth is better than poverty, if only for financial reasons. Mon, 06 Feb 2012 01:49:45 +0000 hourly 1 http://wordpress.org/?v= By: mark http://www.accumulatingmoney.com/how-to-set-up-a-sep-ira/comment-page-1/#comment-77908 mark Sat, 16 Apr 2011 19:17:03 +0000 http://www.accumulatingmoney.com/?p=597#comment-77908 SEP IRAs are considered an at work retirement plan which can result in you being disqualified from claiming an IRA deduction if you earn above a certain amount. Be careful. You may not want to lose your IRA deduction because you set up a SEP. SEP IRAs are considered an at work retirement plan which can result in you being disqualified from claiming an IRA deduction if you earn above a certain amount.

Be careful. You may not want to lose your IRA deduction because you set up a SEP.

]]> By: Rosemary Peavler http://www.accumulatingmoney.com/how-to-set-up-a-sep-ira/comment-page-1/#comment-77267 Rosemary Peavler Tue, 12 Apr 2011 08:18:45 +0000 http://www.accumulatingmoney.com/?p=597#comment-77267 SEP IRAs, in my opinion, are excellent business retirement accounts for the self-employed with small or one-person businesses, They are easy to set up and maintain. The administrative costs are low. If you owe taxes, part of your tax liability is allowed to go into your SEP IRA. You can put money into your SEP IRA each year up to a maximum amount. You are not obliged, in a given tax year, to make a contribution to employees' accounts if you have employees. Check them out if you are a small firm just starting up! SEP IRAs, in my opinion, are excellent business retirement accounts for the self-employed with small or one-person businesses, They are easy to set up and maintain. The administrative costs are low. If you owe taxes, part of your tax liability is allowed to go into your SEP IRA. You can put money into your SEP IRA each year up to a maximum amount. You are not obliged, in a given tax year, to make a contribution to employees’ accounts if you have employees. Check them out if you are a small firm just starting up!

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