What are the specifications of the Sep IRA?
December 9th, 2008 . by adminThere are several specifications that you have to abide by when it comes to the Sep IRA. These specifications include the specified amounts and deadlines that can be put into the Sep ira. A person’s pension or retirement is a very important part of their lives when they get to that older age when they will no longer work. It will be the asset that they count on. For employees of a business, the contribution is the lesser of 25 percent of the income and the amount for the self employed person is 18.6 percent of their net income that they bring in.
