SEP

[myownfriend]

My husband and I would like to consider a SEP for retirement. I am going to make him an employee of my small business. I'm wondering, the contributions I make to the SEP. Do they grow individually or as a larger pool of the total contributions? We want to maximize our mutual dollars so that we can benefit from compounding interest from a larger contribution. 

[Bsch4477]

Read this IRS publication to decide whether it would be better for your husband to be a partner rather than an employee.

[dmertz]

https://www.irs.gov/pub/irs-pdf/p560.pdf