I am owner of a small business. and get paid fixed salary by my business every month. I want to contribute to SEP IRA.
I will deduct contribution from my monthly salary and deposit my SEP IRA in my Fidelity account or my company will contribute towards SEP IRA apart from paying me salary.
Sam, As a small business owner, talk to your accountant.
You DO have an accountant. Right. Every small business should have one.
Your accountant knows you and will give the best advice..
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