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|Subject: SEP IRA - timing of payments||Date: 11/26/2004 11:58 AM|
|Author: rog56||Number: 43273 of 76907|
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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