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What is the deadline to make a SEP IRA contribution?

Like other IRAs that allow for last-minute retirement account contributions, the deadline to make contributions to a SEP-IRA is tax filing day the following year (usually April 15). A SEP-IRA plan provides business owners with a way to save for retirement for themselves and for their employees.

What is the SEP IRA contribution limit for 2023?

For 2023, the SEP-IRA contribution limit is 25% of compensation or $66,000. Like other IRAs that allow for last-minute retirement account contributions, the deadline to make contributions to a SEP-IRA is tax filing day the following year (usually April 15).

When is the last day to contribute to a 2023 IRA?

Don't miss the last day to contribute. The 2023 contribution deadline for Roth and traditional IRAs is April 15, 2024. The 2023 contribution deadline for SEP IRAs is by the employer's tax filing deadline in 2024. SIMPLE IRAs have 2 contribution deadlines.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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