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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. That limit jumps to ...

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

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

   Just as you can only contribute to your IRA until you reach a certain age, most IRAs enforce required minimum distributions (RMDs) once you reach age 70.5 or 72 (73 in 2023), depending on your ...

5. SEP-IRA - Wikipedia

   en.wikipedia.org/wiki/SEP-IRA

   SEP contributions and earnings are held in SEP-IRAs and can be withdrawn at any time, subject to the general limitations imposed on Traditional IRA. A withdrawal is taxable in the year received. If a participant makes a withdrawal before age 59½, generally a 10% additional tax applies.

6. I'm Over 70. What Are the Rules for Cashing Out My IRA? - AOL

   www.aol.com/im-over-70-rules-cashing-150608726.html

   As you age, the rules for withdrawing money from your IRA change. For many years, retirees had to start withdrawing money after age 70 1/2. Under new rules, you must start taking required minimum ...

7. 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 ...

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

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

   Understanding the contribution and income limits associated with SEP IRAs is critical in leveraging their benefits. For 2023, the contribution limit for a SEP IRA is the lesser of 25% of the ...

9. What’s the Difference Between a SEP IRA and a Roth IRA for ...

   www.aol.com/news/difference-between-sep-ira-roth...

   An SEP IRA is basically a retirement plan designed for self-employed individuals and small-business owners. SEP stands for “Simplified Employee Pension.”. Thus, it works almost like a 401 (k ...