ErnieS0
Expert Alumni

Retirement tax questions

If you’d like to contribute more, as a self-employed person, you can contribute to a Simplified Employee Pension Plan (SEP).

 

This is a tax-deferred contribution, so you will get a 2022 tax deduction.

 

You can open a SEP account as late as the due date (including extensions) of your business's income tax return for that year.

 

Learn more at SEP Plan FAQs

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