The main advantage of a SEP IRA is that you can contribute up to 25% of compensation ... limited liability companies, S corporations and C corporations. The plans can be an especially attractive ...
In a recent episode of "Ask The Hammer," financial expert Jeffrey Levine addressed a question about maximizing retirement ...
A SEP does not incur the start-up and operational costs associated with a traditional retirement plan and permits contributions of up to 25% of each employee's salary. Who can contribute to a SEP-IRA?
This $17,500 contribution to the SEP IRA reduces Bobs company's profits from $80,000 to $62,500. ($80,000 - $17,500 = $62,500) Now instead of being eligible for a 20% QBI deduction based on $ ...
SEP IRAs are available for a variety of small-business types, including sole proprietorships, partnerships, limited liability companies, S corporations and C corporations. The plans can be an ...