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I've been enjoying the wonderful advice shared on this board, and have finally worked up the courage to ask my own question.

My earned income is from book royalties. I started with a Roth IRA, but moved soon to a Simple IRA because it allowed me to contribute a larger portion of my income ($6000 plus 3%). 2001 is the first year that the SEP formula (15%) would allow a larger contribution than the Simple. I don't yet have a SEP set up.

Can I calculate the largest contribution possible (using the SEP) formula, and then split the contribution between three IRAs? For example, if 15% of my income results in a $12,000 contribution, could I split it into $2000 for the Roth, $6000 for the Simple, and then the remaining $4000 to SEP?

Thanks in advance for your shared Foolishness.
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