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Author: timothy1213 Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 72282  
Subject: 401k, roth IRA + SEP IRA ? Date: 6/23/2000 2:43 AM
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I have a full time job where I receive W-2s and participate in company 401k plan. In addtion, I also contribute to Roth IRA. I have a freelance job outside of the office and receive 1099s for which I have to pay self-employment tax. Now, my question is, can I create an SEP IRA and take advantage of tax benefits on top of 401k and Roth IRA ?

Any Foolish advise would be greatly appreciated!
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Author: TMFExRO Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 22808 of 72282
Subject: Re: 401k, roth IRA + SEP IRA ? Date: 6/23/2000 1:21 PM
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<< I have a full time job where I receive W-2s and participate in company 401k plan. In addtion, I also contribute to Roth IRA. I have a freelance job outside of the office and receive 1099s for which I have to pay self-employment tax. Now, my question is, can I create an SEP IRA and take advantage of tax benefits on top of 401k and Roth IRA ? >>

Yes. Check out IRS Publication 560, which you can download from http://www.irs.gov/forms_pubs/index.html

TMF ExRO
Phil Marti

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