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2. SEP-IRA - Wikipedia

   en.wikipedia.org/wiki/SEP-IRA

   Contribution limits. SEP-IRA contributions are treated as part of a profit-sharing plan. For employees, the employer may contribute up to 25% of the employee's wages to the employee's SEP-IRA account. For example, if an employee earns $40,000 in wages, the employer could contribute up to $10,000 to the SEP-IRA account.

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. That limit jumps to ...

4. 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 ...

5. IRA taxes: Key rules to know and how much you can ... - AOL

   www.aol.com/finance/ira-taxes-key-rules-know...

   For Roth IRAs, you can take out any contributions to the account at any time without paying tax. And if you have any earnings on the money, it’s simple to figure out how much tax you’ll pay on ...

6. Roth IRA - Wikipedia

   en.wikipedia.org/wiki/Roth_IRA

   A Roth IRA is an individual retirement account (IRA) under United States law that is generally not taxed upon distribution, provided certain conditions are met. The principal difference between Roth IRAs and most other tax-advantaged retirement plans is that rather than granting a tax reduction for contributions to the retirement plan, qualified withdrawals from the Roth IRA plan are tax-free ...

7. Keogh plan - Wikipedia

   en.wikipedia.org/wiki/Keogh_Plan

   Scenario #3 – An entrepreneur who owns a small marketing firm makes $400,000 per year. She wishes to contribute as much as possible to a retirement plan in order to minimize her current taxes. She could contribute up to $11,500 for a SIMPLE IRA, $49,000 to a SEP-IRA, or up to $50,000 (contribution cap for 2012) in a Keogh plan. By choosing ...