topic SEP and IRA in Retirement tax questions

SEP and IRA

lp1005 — Mon, 23 Feb 2026 14:16:33 GMT

I am self employed, can I contribute to both a SEP and an IRA?

Bsch4477 — Thu, 23 Mar 2023 20:32:30 GMT

Yes, you can but if you contribute to a traditional IRA it won’t be deductible so you might consider a ROTH.

dmertz — Thu, 23 Mar 2023 20:53:19 GMT

The traditional IRA contribution may or may not be deductible depending on modified AGI for the purpose.

Bsch4477 — Thu, 23 Mar 2023 21:07:07 GMT

Yes, see this site to determine whether your traditional IRA contribution is fully or partially deductible