Also can I still contribute 1900 to a simple IRA which I have through another job, to reach my limit of 10500 of tax deferred income?I doubt it. The amount is OK, but AFAIK, SIMPLE contributions must be through salary deduction, and it's too late to do so for year 2000. However, I find the SIMPLE rules far from simple. Check with the employer or plan representative.The simple IRA is set up from my own business where I am the only employee. I think that I can contribute to this simple IRA through APRIL 15 2001 if I am the self employed and the only employee. Does this sound right? I will check with the fund company that administers the IRAThanks for the advice about reporting my overpayment Ben
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra