The SEP – Simplified Employee Pension – A Favorite Tax Deductible plan !

This week we bring you another tax strategy that may save you extra dollars, while not mandatory (or even recommended) before the end of the year – we thought it would go well with our year end tax savings series.

Recently in our end of the year tax strategies, we discussed the HSA ,visited Pushing Income , Optimizing Donations, and IRA Distribution, and the Roth Conversion  to maximize your tax deductions. This weeks topic is the SEP or Simplified Employee Pension !

If you have Non W-2 income, think consulting SEP IRAincome – a SEP can be used to make a deductible contribution against that income! 


  • Offsets Non-W-2 income
  • Can set aside 25% of the adjusted income – after expenses
  • High maximum of $53k in 2015 – careful with other plan integration- see next
  • Can be integrated with other plans- upper limits still exist
  • Invested in almost any asset – think of it as a super IRA because of the higher amount of contributions

Check with your tax professional or ask your tax software provider to “Maximize deductions” … Not to worry, we will remind again during tax season!!

Any questions– just reach out- we will be glad to help!

Have a Great — Less Taxable — Day!

John A. Kvale CFA, CFP
8222 Douglas Ave # 590
Dallas, TX 75225



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