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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76419  
Subject: Re: Tax Deductable Investment? Date: 8/6/1999 9:40 AM
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Greetings, Afaloc, and welcome. You asked:

<<My wife is self-employed. Instead of buying mutual funds and making a tax-deductable contribution
to her SEP/IRA as she does now at the end of the year, she wants to use the Foolish Four approach.
Is there an available vehicle that she could use that would qualify the funds used to buy into the
Foolish Four as tax deductable? >>

Sure. All she has to do is make her annual SEP contribution in a SEP-IRA she sets up with a broker of her choice. Nothing says she can't do that. On doing so, she may leave her existing account in the fund(s) or have all that money transferred to the brokerage account. Any broker will help her to set up the account and to transfer any funds should she so desire.

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