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Last year my wife and I did something Foolish by quitting my job and starting our own business (we are the only employees). Our CPA just finished our company and personal taxes and said that we can both have an SEP-IRA for 2000 and can contribute approx. $2500 each.

My question is... can the "company" contribute over and above that amount? Or is the "company" REQUIRED to contribute anything? Up to 15% of our salary?

The first year of a business can be so confusing -- but it's been great! Thanks in advance for any advice.

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