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Old 01-24-2006, 03:33 PM
Russell Russell is offline
$ Saving Jr. College Student
 
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Default Re: Reducing the Self-employment tax

What about using SEP IRA to put money towards your retirement and reduce your taxable income (not 100% sure if its after tax contributions or pre-tax contributions ) ? Doesn't it have a big contribution limit something like $14k or x% of your income ?
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