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Investments > Financial Planning > Re: SEP plan fo...
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Re: SEP plan for side business?

by Will Trice <wtrice@[EMAIL PROTECTED] > May 8, 2008 at 07:24 PM

Rich Carreiro wrote:

>>>Your 401(k) contributions as an employee have no effect
>>>on SEP contributions.

So does that then open up interesting possibilities for the 
self-employed?  For example, maybe I have one business that's insurance 
planning and another that's investment advice.  For one I treat myself 
as an employee and contribute to a solo-401(k), for the other I open a 
SEP.  Does this work?  Can I do this with a third business, like tax 
prep?  (Here I'm assuming that all three businesses would be related but 
not enough so that the IRS could say that they're a single business). 
All subject to receiving enough income, of course.

-Will

william dot trice at ngc dot com

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 9 Posts in Topic:
SEP plan for side business?
oprah.chopra@[EMAIL PROTE  2008-04-19 13:40:31 
Re: SEP plan for side business?
Rich Carreiro <rlc-new  2008-04-20 12:29:26 
Re: SEP plan for side business?
oprah.chopra@[EMAIL PROTE  2008-04-23 10:49:06 
Re: SEP plan for side business?
Rich Carreiro <rlc-new  2008-04-23 12:07:37 
Re: SEP plan for side business?
Will Trice <wtrice@[EM  2008-04-23 19:26:08 
Re: SEP plan for side business?
Rich Carreiro <rlc-new  2008-04-23 22:05:38 
Re: SEP plan for side business?
Will Trice <wtrice@[EM  2008-05-08 19:24:34 
Re: SEP plan for side business?
Rich Carreiro <rlc-new  2008-05-08 20:00:43 
Re: SEP plan for side business?
Tad Borek <borekfm@[EM  2008-05-09 11:59:55 

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tan12V112 Sun Jul 20 4:40:06 CDT 2008.