can a SEP employe contribute to a spouses ira
You can contribute to both a SEP IRA and a traditional IRA in the same year, but there are some factors to consider. Contribution limits can vary based on whether you're the business owner, and different rules might apply depending on the plan's rules.SEP stands for Simplified Employee Pension.ou can contribute to both a SEP IRA and a traditional IRA in the same year, but there are some factors to consider. Contribution limits can vary based on whether you're the business owner, and different rules might apply depending on the plan's rules.