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One broker is advertising at
but they give a lot of information about the plan.

It's my understanding that the employer and the employee are each allowed to contribute to the same IRA -- it counts as a Traditional IRA from the individual's point of view. If you close up the business, the SEP-IRA turns into a traditional IRA.

There's also IRS publication 560. Look at for more info.

Quicken's take on it:

Also look into the similar vehicle: a SIMPLE IRA.
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