Betterment for Advisors’ SEP IRA contributions cannot exceed either 20% of your client’s self-employed income (after subtracting the self-employment tax deduction), or $53,000 for 2015—whichever is less out of those two. Your client’s contribution limit depends on the amount of their self-employed income. To learn more about how much your clients can contribute, please refer to the IRS’s calculator or speak with a tax advisor.
Articles in this section
- How long will it take for my client’s SEP IRA to transfer to Betterment?
- What tax forms will my client receive from Betterment for Advisors for their SEP IRA at the end of the year?
- How can my client create a SEP IRA?
- How much can my clients contribute to a Betterment for Advisors SEP IRA?
- Can my client transfer their existing SEP IRA to Betterment for Advisors?
- Can my clients have more than one participant in their Betterment for Advisors SEP IRA?
- Can my client contribute to a SEP IRA and a traditional or Roth IRA?