Quick question regarding SEP-IRA and TIRA

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills.
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K-Bogle
Posts: 34
Joined: Wed Oct 17, 2012 11:54 am

Quick question regarding SEP-IRA and TIRA

Post by K-Bogle »

If my 2013 income allows me to invest the max amount into a SEP-IRA ($50-51k I believe), can I max out the deductible SEP-IRA and also max out a non-deductible TIRA?
Spirit Rider
Posts: 13977
Joined: Fri Mar 02, 2007 1:39 pm

Re: Quick question regarding SEP-IRA and TIRA

Post by Spirit Rider »

Yes, the two limits are separate.
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