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Subject:  SEP IRA - timing of payments Date:  11/26/2004  11:58 AM
Author:  rog56 Number:  43273 of 88527

I'm new to the US, and therefore new to IRAs.

As an independent contractor, I plan to set up a SEP-IRA in January 2005.

A simple question: Is the timing of payments-in, during the year, of any consequence? That is, could I make a single payment in to my new IRA during January 2005, consisting of the maximum amount based on my anticipated income for the whole of 2005?

Thanks in advance,

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