If an employer's contribution to a SEP IRA is less than $53,000 in 2016 (or 25% of the employee's earned income,if less),the employee can contribute the difference.

Name: If an employer's contribution to a SEP IRA is less than $53,000 in 2016 (or 25% of the employee's earned income,if less),the employee can contribute the difference.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

SEP IRAs are funded solely by employer contributions; employees cannot make additional contributions to a SEP IRA.

If an Employer's Contribution to a SEP IRA Is Less