SEP IRA for Self-Employment Income Basics (For 2020 & 2021)

I recently did some in-depth research on SEP IRAs, SIMPLE IRAs, and Solo 401Ks for personal use for my side self-employment income and wanted to cover the primary questions I had and answers I found, for your benefit (and to help myself remember, if I’m being totally honest). If you have self-employment income (or plan/hope to at some point), or any side project or side hustle income, this should be of interest. If you want to work for “the man” for the rest of your days, you can probably tune out. This post, an overview of SEP IRA basics, will The post SEP IRA for...

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