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| Subject: I have an IRA, what next? | Date: 9/24/1998 11:39 PM | |
| Author: xxdustyxx | Number: 5625 of 100867 | |
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I have an existing traditional IRA (a small part of which I will convert to a Roth this year) and no retirement plan at my full time job. I often do freelance work, 1099misc, that amounts to between $2000-$5000 a year. Am I eligible to contribute to Keoghs/SEPs/Simple/etc. while still adding $2000 a year to my IRA/Roth??? I've looked at the retirement plans page on this site, but can't seem to deduce whether the SEP/Simple would be included in "the total yearly $2000 contribution to all IRAs". I know I can put money in taxable account, but wanted to see if I could sock away a little extra a year either tax deferred or tax deductible. Any steps in the right direction would be greatly appreciated. |
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