Discussion:Contribute to IRA if covered by a SEP

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Revision as of 09:42, 1 April 2009

Discussion Forum Index --> Advanced Tax Questions --> Contribute to IRA if covered by a SEP
Discussion Forum Index --> Tax Questions --> Contribute to IRA if covered by a SEP

PBinNJ (talk|edits) said:

1 April 2009
Client wants to contribute to his traditional IRA for 2008. In 2008, his employer started a SEP for him and the other employees. Only employer contributes to the SEP. I believe they can still contribute to their own IRA's for 2008 but need to confirm. Thanks.
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