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| "pooky" <304law[at]bellsouth.net> wrote: - quote - > Can a H & W who file jointly and have separate buisinesses
The point of which being?> have separate SEP-IRAs, one for each business? -- 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. > << ================================================== ===== > |
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| "pooky" <304law[at]bellsouth.net> wrote: - quote - > Can a H & W who file jointly and have separate buisinesses
Not only can they, they must, if both want to contribute.> have separate SEP-IRAs, one for each business? 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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| 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. > << ================================================== ===== > |