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Community: Investing Wiki

Term Of The Hour

iras for employees: Original post by Deborah Barlowe of Demand Media The Internal Revenue Service (IRS) allows a person whose employer funds a SEP-IRA on his behalf to contribute to either a traditional IRA or a Roth IRA outside of his workplace. Because an employee cannot contribute to his employer-sponsored, non-qualified SEP-IRA, contributions made to an individual's SEP-IRA account by his employer do not count…

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