Re: Having both a SEP-IRA and Solo 401k
[ QUOTE ]
I think you can have both. For example you could setup a solo in 2007 and a SEP in 2008. However in any given year you can only make the max contribution to one.
[/ QUOTE ]
Correct, sorry. You can only contribute to one or the other in any given year. Of course it is possible to have both but only contribute to one in a given year.
|