1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    Yes, a SEP IRA is a qualified retirement plan that allows tax deductible for pretax contributions and accumulates tax deferred until distributions. When distributions are generated the income is taxed as ordinary income at the plan participant's effective tax bracket rate and is includable in the provisional income test for Social Security benefit taxation.
    Answered on August 10, 2013
  2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>