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Author: TheImpaler Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75381  
Subject: Re: SEP-IRA Date: 2/24/2000 3:37 PM
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zorloc wrote:
"KEOGH: A Keogh will allow you to contribute more money than a SIMPLE if you NET more than $27,273. Under a Keogh you can contribute through 2 parts: A money purchase plan, and a profit sharing plan. With both parts you can contribute as an employer up to 25% of your income to a maximum of $30,000. Keoghs are a bit harder to setup, require more organization, and frequently involve higher fees than the other types of plans."

hi zorloc,

i found your post to be very helpful. i have an additional question reguarding KEOGHs, more specifically the the Profit Sharing plan. i have recently incorporated as an 's-corp',with just myself as an employee, and need to know whether the maximum contribution that is allowed is relative to what i pay myself or what the company takes in for the year.

thanks in advance,
vlad
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