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Prior Year Sep Contributions


Guest dmrrtr

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Guest dmrrtr
Posted

Up until when can I make a prior year sep contribution?

Posted

Tax filing deadline including extensions.

Guest Randy Ehle
Posted

A caveat to the first reply...the employer may make a prior-year contribution up until the employer's tax filing deadline, plus extensions (possibly as late at 10/15).

The IRA participant may also make a contribution (their traditional IRA contribution, $2,000 max this year), but it must be made by the participant's tax filing deadline with _no_ extensions (generally April 15).

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