Can a small business owner who opens up a SEP for their business also open up a Roth IRA for personal?
2006-07-04 18:47:32 · 3 answers · asked by youngandsuccessful 2 in Business & Finance ➔ Investing
To clear up what I am saying is this... say a business owner offered a SEP plan which they took advantage of and also purchased a Roth IRA for their own personal use... is this possible
2006-07-04 19:25:47 · update #1
well if you offer a sep-ira for them. why would you offer a roth ira as well ? i think it would be easier to just offer one type of ira for your workers. but if it's just for you. you can have both.
2006-07-04 18:52:43 · answer #1 · answered by andy3191 7 · 0⤊ 0⤋
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2016-12-10 04:41:26 · answer #2 · answered by ? 4 · 0⤊ 0⤋
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2006-07-04 19:35:07 · answer #3 · answered by Perawan 4 · 0⤊ 0⤋