Author Topic: IRA  (Read 553 times)

Offline Sowhat

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IRA
« on: December 25, 2014, 10:07:38 PM »
Does anyone know how the SEP IRA works?  If I have one employee, being paid $50k, must I contribute at least $10k to that employee's account for the plan to work?

At what AGI does the benefits of a traditional IRA phase out?  Thanks.