Simple ira

[MANDAN]

A while ago, I read on this board about a question regarding a self-employed person, contributed 12500 to simple IRA for himself, he can still contribute $5500 to a traditional IRA if his AGI is below $59000. But I can't seem to find it. Please help.

[TAXNJ]

Simple

Simple by doing an ADVANCED SEARCH on the site. think it posted 4-11-16. If wrong one below do the search

http://forum.thetaxbook.com/showthread.php?26799-Traditional-IRA-and-SEP&highlight=Traditional

[S T]

TAXNJ: Unfortunately the link that was given was for SEP not Simple IRA
I have been searching as well for Simple IRA and have not found yet

Sandy

[TAXNJ]

Where is ORIGINAL POSTER?

TAXNJ: Unfortunately the link that was given was for SEP not Simple IRA
I have been searching as well for Simple IRA and have not found yet

Sandy

Where is ORIGINAL POSTER? Still interested and are you doing any search?

ST - Is this it ? Your post! Any more search might have to bill Original Poster if not participating ��

http://forum.thetaxbook.com/showthread.php?5352-IRA-and-Simple&highlight=Traditional+simple

[New York Enrolled Agent]

A while ago, I read on this board about a question regarding a self-employed person, contributed 12500 to simple IRA for himself, he can still contribute $5500 to a traditional IRA if his AGI is below $59000. But I can't seem to find it. Please help.

Virtually any individual who has not yet reached age 70½ can contribute to an IRA as long as he/she has compensation. See IRC §219(f)(1) for the definition of compensation. That's the answer to the question you posted. It may not be the answer to the question you intended.