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URL:  https://boards.fool.com/the-question-is-can-i-defer-income-tax-on-all-or-18947610.aspx

Subject:  Re: Keogh/SEPP IRA question Date:  4/23/2003  4:05 PM
Author:  pmarti Number:  65148 of 131263

The question is: Can I defer income tax on all or most of my earnings with a Keogh or SEPP IRA? At the same time I would take an equal amount out of a money market fund (money which has already been taxed and saved) for spending--it would be like having tax-free income, except for FICA.

Take a look at IRS Publication 560 for your options. I don't know much about Keoughs, but I'm pretty sure that a SIMPLE would let you defer more dollars than an SEP in your situation.

Phil
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