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Author: BEATTHIS Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121592  
Subject: SEP IRA FOR SMALL BUSINESS Date: 4/5/2000 10:57 AM
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Hello! Just wondering what the maximum amount that I can contribute to my SEP IRA is if I also have a retirement plan through my daytime job. I thought it was 15% of my net income on my business. My tax accountant says its limited because I also have a retirement plan through the office. Can you clarify this please.

Also what are the income limits for contributing to both a Roth and a Regular IRA for married filing jointly. Again the accountant says $60K and I thought it was $150K. I thought I could contribute the max of $4K for married filing jointly. Can you clarify this too?

Thanks for any help on this.
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