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Retirement tax questions
Thank you for the reply @JeffreyR77 .
When you say:
"The S-Corp still has the ability to make contributions up to the lessor of $57,000 or 25% of total compensation."
Are you saying the S-Corp has ability to to contribute to the 401(k) (subject to that Plan), or rather to the S-Corp's SEP?
March 21, 2021
9:05 PM