Got a W2 with 401k and a 1099 last year - how much can i put away in my SEP IRA ? In 2014, I got both a 1099 When i consulted for a company for 6 months and a W2 with 401K when they turned me full time.
I put 10K on my 401K from the W2 income so i understand that i could still put more aside up to the 17500 max.
But i have also opened a SEP IRA and I was wondering how much i could take out of my 1099 income to put into this account ?
first can i put before tax $$ into both account ? and if yes what would be the limit ? |