RobertB4444
Expert Alumni

Retirement tax questions

Your SEP IRA limits and your traditional IRA limits are generally independent of each other.  However, your SEP IRA contribution can reduce the income available to qualify for a traditional IRA contribution so you need to watch out for that.

 

Here is a really good thread on the two.

 

@tatsialiv 

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