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posted Jun 6, 2019 6:08:12 AM

TT shows I can contribute 40,000 to my SEP IRA can I also add a catch up as I am older than 50 years

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1 Best answer
Level 2
Jun 6, 2019 6:08:12 AM

When you maximize your retirement, TurboTax will calculate the maximum amount you can put in.  It factors in your age and income while making this calculation.

1 Replies
Level 2
Jun 6, 2019 6:08:12 AM

When you maximize your retirement, TurboTax will calculate the maximum amount you can put in.  It factors in your age and income while making this calculation.