Archive for January, 2008
Sep Ira W2
Question: Can I have a 403(b)/401(k) through work and still fund a SEP IRA with other, consulting income.?
$78k 1099 consulting, $5K to 7K sports officiating, $40k W2 income with $2k Contribution to 403(b).
Answer: Yes you can. Rules are here as well as resources such as a help-line to assist you.
http://www.irs.gov/pub/irs-pdf/p560.pdf
Ako Kamal Dabiran