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Subject:  setting up a sep Date:  2/22/2001  5:26 PM
Author:  jshoundog Number:  28052 of 88827

i'm a little confused about seps. i'm self employed, and i already have a traditional ira. can i have a sep as well? i would like to put away more than the $2000/yr that i put in my trad. ira, and have that savings be tax deferred as well. do i set up the sep and then deduct the amount on my schedule c? under pension contributions?

thank you for your help.

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