It depends. You may be able to claim the maximum percentage deferral on your 401(k) as well as 25% of your self-employed income for your SEP (if they are each for separate businesses) but your combined total deferral cannot exceed $53,000 ($59,000 if you are eligible to make catch-up contributions.)
@jck77
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
