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SEP IRAs cost you nothing to set up. No more than IRA. There is alittle additional paperwork.
can I incorporate and then contribute to an SEP IRA as a sole proprietor
You can incorportate or you can go sole proprietor.
The only advantage to incorporation is taking minimum social Security salary and taking the rest in dividends. Unless you make alot of money incorporation is not the way to go.
Sole Proprietor, you can set up SEP IRA and it works much like 401k.

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