Archive for the ‘SEP IRA’ Category

Sep Ira Vs Simple

Opie and Anthony-Intern Oscar vs. Bobo vs. Ira the Weatherman 2/4


Sep Ira Solo 401k

Question: As a small business owner, can I have a Solo 401k and SEP IRA at the same time?

I am currently employed full-time at a company but I have my own cleaning business on the side. I want to save money in 2007 while lowering my tax bill so I wanted to know if I can have a Solo 401k and a SEP IRA at the same time?

Answer: No. SEP-IRAs are not allowed if you have a 401k program, or even if you have access to a 401k program and dont avail yourself of it.

Part 1 of Solo 401k vs. Self Directed IRA – Intro & Eligibility


Sep Ira Penalties

Question: I am having a difficult time figuring out this business math question. could someone please help? thx?

John Smith saw the following advertisement. Could you show him how $179.18 was calculated? (Omit the “$” sign in your response.)
$ ______ ×_______ ×_____ /_______ = $ ________

*As of January 31, 200X, and subject to change. Interest on the 8-month CD is credited on the maturity date and is not compounded. For example, a $5,000, 8-month CD on deposit for an interest rate of 5.45% (5.55% APY) will earn $179.18 at maturity. Withdrawals prior to maturity require the consent of the bank and are subject to a substantial penalty. There is $500 minimum deposit for IRA, SEP IRA, and Keogh CDs (except for 8-month CD for which the minimum deposit is $1,000). There is $1,000 minimum deposit for all personal CDs (except for 8-month CD for which the minimum deposit is $5,000). Offer not valid on jumbo CDs.

Answer: i cant help u

Giro pelo Caldeirão – Vasco 1×0 Guarani