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Financial Planning / Tax Strategies


Subject:  Re: IRA/SEP-IRA Date:  3/27/2000  9:17 PM
Author:  TMFExRO Number:  32732 of 123001

<< My question is two-fold. First, if my employer puts money into a SEP-IRA for me, does that have any bearing on my limits for investing in my own personal IRA? >>

If you (or your spouse) have $2,000 earned income, you can contribute $2,000 to an IRA regardless of what other retirement coverage you have.