SEP IRA
Can Nurse Practitioner that has 2 jobs, one as w2 employee and the other job as 1099 contract labor set up a SEP for herself based on the 1099 income? The w2 job offers a 401k, but she does not participate.
Can Nurse Practitioner that has 2 jobs, one as w2 employee and the other job as 1099 contract labor set up a SEP for herself based on the 1099 income? The w2 job offers a 401k, but she does not participate.
Permalink Submitted by Mark Levesque on Thu, 2024-03-28 16:43
Yes. Separate businesses can each have retirement plans.