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Message
re: SEP IRA
Posted on 11/10/23 at 10:45 am to TX_Tiger23
Posted on 11/10/23 at 10:45 am to TX_Tiger23
Yeah. We looked in to it. This is more of a way to cut some taxes on our top end for high income years. This year I’ll be able to SEP the full 66K.
My wife will be able to do 20-30K.
It’s a simple way to cut our AGI by close to 100K.
I’m 56 so I’ll have access to it without penalty in a couple of years if I need it. My wife is 9 years younger so hers will be more of a retirement type savings. Mine is more of a tax dodge.
My wife will be able to do 20-30K.
It’s a simple way to cut our AGI by close to 100K.
I’m 56 so I’ll have access to it without penalty in a couple of years if I need it. My wife is 9 years younger so hers will be more of a retirement type savings. Mine is more of a tax dodge.
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