Jump to content

sep vs keogh plan - contributions after age 70.5

Guest kprhok

Recommended Posts

Guest kprhok

It is my understanding that a sole proprietor can continue making contributions to a SEP arrangement after age 70.5 even though minimum distributions are required.

I am unable to find anything regarding contributions to Keogh (PS) plans after age 70.5. Can the owner of a solo practice continue making Keogh contributions after he reaches 70.5, until he retires, say, at age 75?

My best guess is No, but I can't back that up with any authority/citations.

I thought I would start with this discussion group since many who post here are involved with small company plans such as seps, simples, etc.


Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...