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re: SEP-IRA - How much Income is needed to max out?

Posted on 12/28/12 at 11:37 am to
Posted by Broke
AKA Buttercup
Member since Sep 2006
65050 posts
Posted on 12/28/12 at 11:37 am to
May want to consider a Simple instead.
Posted by ynlvr
Rocket City
Member since Feb 2009
4596 posts
Posted on 12/28/12 at 12:36 pm to
Don't Simples max out at $11,500? SEP-IRA allows me up to $50,000. The catch-up provision is larger with the Simple but still doesn't nearly catch me up to the $50k the way I understand the two vehicles.
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