Sep-ira

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  • Bird Legs
    Senior Member
    • Jun 2005
    • 990

    #1

    Sep-ira

    Self employed with 2 employees. Owner is 67. At What age must the owner stop funding his SEP? is it 701/2?
  • OldJack
    Banned
    • Dec 2005
    • 1689

    #2
    For a self-employed SEP-IRA [IRC§408(k)] there is no age limit for making contributions if there is earned income, but required minimum withdrawals do start at age 70½.

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