Timeline for How to understand "if contributions were made to a SEP IRA, they could potentially reduce the amount you can contribute to your Roth IRA" message?
Current License: CC BY-SA 4.0
3 events
| when toggle format | what | by | license | comment | |
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| May 1, 2023 at 17:16 | comment | added | littleadv | @NeutronStar I'd suggest to wait until the IRS publishes some guidance. You have until April 15th next year to contribute. | |
| May 1, 2023 at 14:11 | comment | added | NeutronStar | So, it sounds like, as worded now, even tax-deferred SEP IRA contributions will count against Roth IRA contribution limits? I'm about to make my first 2023 Roth contribution. I know I can't ask for official financial advice from all but my own financial advisor, but do you have any thoughts on whether I should maybe wait to make Roth contributions until more clarity is had on this? | |
| Apr 30, 2023 at 18:46 | history | answered | littleadv | CC BY-SA 4.0 |