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    SEP IRA contribution

    Can the employer make SEP-IRA contribution for the employees before the end of the calender year? Like if the employer made 2009 contribution for an employee on 12-26-2009, would it be a problem?

    Note: they know the contribution amount before the end of the year because the employee is paid a monthly salary so they know his annual salary (which the SEP IRA contribution amount based on) before the end of the year
    .

    #2
    Sure, no problem. Only if the employer over-contributed, and then he would have to adjust.

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