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Old 08-28-2005, 09:39 AM
David Woods, EA, ChFC, CLU
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Default Re: sep ira

"pooky" <304law[at]bellsouth.net> wrote:

- quote -

> Can a H & W who file jointly and have separate buisinesses
> have separate SEP-IRAs, one for each business?


The point of which being?

--
David M. Woods, EA, ChFC, CLU
Woods Financial Services
Norwood, MA 02062
www.woods-financial.com

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >
 
Old 08-28-2005, 09:39 AM
Phil Marti
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Default Re: sep ira

"pooky" <304law[at]bellsouth.net> wrote:

- quote -

> Can a H & W who file jointly and have separate buisinesses
> have separate SEP-IRAs, one for each business?


Not only can they, they must, if both want to contribute.
The "I" in "IRA" means "individual."

--
Phil Marti
Clarksburg, MD

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >
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Old 08-25-2005, 06:56 AM
pooky
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Default sep ira

Can a H & W who file jointly and have separate buisinesses
have separate SEP-IRAs, one for each business?

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2005) - All rights reserved. > << ================================================== ===== >
 

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