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Author: rog56 Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76396  
Subject: SEP IRA - timing of payments Date: 11/26/2004 11:58 AM
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I'm new to the US, and therefore new to IRAs.

As an independent contractor, I plan to set up a SEP-IRA in January 2005.

A simple question: Is the timing of payments-in, during the year, of any consequence? That is, could I make a single payment in to my new IRA during January 2005, consisting of the maximum amount based on my anticipated income for the whole of 2005?

Thanks in advance,

rog56
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