The other benefit, of course, is that the amount of tax you would have paid
on the original amount you get to invest and the growth is not taxed until
you withdraw the money at which point it is only taxed as income. There
really aren't any good arguments for not maximizing your SEP IRA
contribution.
David Love
davidlovepianos at comcast.net
www.davidlovepianos.com
-----Original Message-----
From: pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] On Behalf
Of Conrad Hoffsommer
Sent: Monday, April 21, 2008 3:27 AM
To: Pianotech List
Subject: Re: Desperate Deductions
David Love wrote:
> Yes, but at the point that you start withdrawing the money you are
> presumably at a lower income level so the tax rate will be less.
There's no guarantee of that, however.
;-{
--
Conrad Hoffsommer
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