If an employee participates in his or her employers retirement plan, can he or she set up a SEP for self-employment income?
Related Questions
- If Im self-employed, can I contribute to a Traditional IRA if Im already contributing to a business retirement plan like a simplified employee pension (SEP) plan?
- Can I contribute to a traditional IRA if I participate in my employers retirement plan? What about if my spouse participates in an employer sponsored plan?
- If an employer sets up a SEP plan for its employees, can each employee choose a different financial institution for his or her SEP-IRA?