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2. A complete guide to SEP IRAs: Why those who are self ... - AOL

   www.aol.com/finance/complete-guide-sep-iras-why...

   SEP IRA basics: Make tax-deductible (traditional) or after-tax (Roth) retirement contributions as a self-employed person. Contribute the lesser of 25 percent of your income or $66,000 for 2023 ...

3. 2023 SEP IRA contribution and income limits: What ... - AOL

   www.aol.com/finance/2023-sep-ira-contribution...

   The SEP IRA has a limit on the annual compensation that is used for figuring retirement plan contributions. For 2023, that limit is $330,000, an increase from $305,000 in 2022.

4. SEP-IRA - Wikipedia

   en.wikipedia.org/wiki/SEP-IRA

   SEP-IRA funds are taxed at ordinary income tax rates when qualified withdrawals are taken after age 59 1 2 (as for traditional IRAs). Contributions to a SEP plan are deductible, lowering a taxpayer's income tax liability in the contribution year.

5. 3 last-minute tax moves for retirement savers - AOL

   www.aol.com/finance/3-last-minute-tax-moves...

   The contribution limit for a SEP IRA for 2023 is 25% of your compensation or $66,000 — whichever is less.

6. Individual retirement account - Wikipedia

   en.wikipedia.org/wiki/Individual_retirement_account

   The tax treatment of the above types of IRAs (except for Roth IRAs) are very similar, particularly for rules regarding distributions. SEP IRAs and SIMPLE IRAs also have additional rules similar to those for qualified plans governing how contributions can and must be made and what employees are qualified to participate.

7. What You Need to Know About 2023 Retirement Contribution Limits

   www.aol.com/finance/2023-retirement-contribution...

   You fund a Roth IRA with after-tax dollars, which means you’ll pay no tax on qualified withdrawals. For 2023, the most you can put into either a traditional IRA or Roth IRA is $6,500.

8. What Are the Age Limits For IRA Contributions? - AOL

   www.aol.com/age-limits-ira-contributions...

   The 2023 contribution limit for both traditional and Roth IRAs is $6,500. Americans who are 50 or older can contribute an additional $1,000 in catch-up contributions. The IRS stipulates this so ...

9. Does My SEP IRA Allow Catch-Up Contributions? - AOL

   www.aol.com/finance/does-sep-ira-allow-catch...

   Understanding the intricacies of SEP IRAs, including their contribution limits, lack of catch-up contributions, and tax benefits, is crucial for maximizing your retirement savings.