dmertz
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A solo 401(k) will permit a greater contribution than will a SEP IRA because a solo 401(k) permits employee elective deferrals in addition to an employer contri...
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Nothing in an IRA gets a step-up in basis.
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Although a SEP plan is the simplest, also see IRS Pub 560 for additional retirement-plan options:https://www.irs.gov/pub/irs-pdf/p560.pdf
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As long as both of these were accounts owned by your mother (not inherited accounts maintained for your mother as beneficiary), the total RMD for both accounts ...
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The SEP-IRA contribution of a sole proprietor does not reduce self-employment taxes. However, any deduction for a self-employed retirement contribution does red...
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