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Retirement tax questions
SweetieJean, your reference applies to regular personal IRA contributions, not the contributions being discussed here.
The $18k amounts are individual employee elective deferrals subject to section 402(g) limitation. SEP IRA contribution are employer contributions limited under section 402(h). These are independent limits.
The $18k amounts are individual employee elective deferrals subject to section 402(g) limitation. SEP IRA contribution are employer contributions limited under section 402(h). These are independent limits.
‎June 6, 2019
6:41 AM