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Contributions to 401(k) and SEP?


Guest Thomas2006
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Guest Thomas2006

A was employed by company and made 15,500 in elective deferrals in 2008 before losing job. A is self employed for remainder of 2008 and establishes a SEP. A, as employer (sole proprietor) contributes max amount to SEP in 2008 (25% of comp). Is this permissible?

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