KarenM90
Intuit Alumni

Retirement tax questions

Yes, you can contribute to both plans .

 

TurboTax will help you calculate the maximum contributions.

 

The IRS does consider these two separate companies as long as they are not under common control.

 

Here is an IRS link that addresses this:  SEP and 401K

 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"