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re: sep ira

Posted on 2/21/24 at 7:44 am to
Posted by TJG210
New Orleans
Member since Aug 2006
28398 posts
Posted on 2/21/24 at 7:44 am to
Fidelity
Posted by makersmark1
earth
Member since Oct 2011
16128 posts
Posted on 2/21/24 at 10:01 am to
quote:

Fidelity


The only negative is they do not track contributions by “tax year.”

I do it.
I usually make a contribution after April 15 as a head start on that tax year. I do not know the full contribution until after the first of the next year when I calculate profit, taxes, etc

I just keep up with it myself.
Posted by tigerforever7
Baton Rouge
Member since Aug 2012
1054 posts
Posted on 2/22/24 at 10:25 am to
If anyone on this thread has a SEP IRA through Fidelity, would you mind providing more information? I am looking into this.

Easy to set up?
Contributions can either be made traditional or Roth?
Good investment options?
Decent option if you are probably looking to hire an employee(s) in couple years?
Provide a tax form?

Thank you.
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