Jump to content

SEP IRA?


Guest sugar daddy

Recommended Posts

Guest sugar daddy

hi,

a one employee S-Corp is wanting to put $30K in a SEP.

1) Can an S-Corp have a SEP

and

2) Does the contribution reduce FICA taxes the participant has to pay?

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...