Greta
Level 9
12-20-2022
07:12 PM
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Business owner wants to contribute more than 3%, he wants to do the max. Is that OK? He sent me the following IRS instruction: "Annually the employer would make a contribution to their own SEP IRA account and to each eligible employee's SEP IRA account. The percentage contributed into each SEP IRA account is the same percentage for the employer and each eligible employee."