No. of Recommendations: 0
Allibaba asks:

<<I contributed $2000 to my Roth IRA this year. In addition, my company set aside about that same amount in a SEP IRA for me. Does that mean that I exceeded my $2000 limit for the year?>>

No, it does not. The company's contributions to your SEP-IRA do not prevent annual contributions by you to your IRA. Your contribution remains fully allowable.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.