@SusanY1
THANK YOU! Finally, someone has been able to provide me with an answer! 🤗
I hope it's ok to ask a follow-up question 😇 I have a Roth IRA, and as I understand it, I can make contributions to my SEP IRA thru my (incorporated) company without affecting my contributions to my Roth IRA, but any contributions that I make myself to my SEP IRA have to be reduced from the amount that I contributed to my Roth IRA. Is that correct?
Also, is there any benefit to a SEP IRA if it's pretax, but I pay higher taxes in my country so am mostly exempt from paying taxes in the US (thus far) anyway?
