jco1107
May 17 2005, 10:11 PM
May a sole proprietor who no longer operates his business, but intends to receive self employment income from consulting, continue to contribute to his SEP-IRA that was established in connection with former business?
Gary Lesser
May 18 2005, 10:02 AM
More facts or an explantion may be needed. All sole proprietors are self-employed individuals (but the reverse is not always true). Seems like he is still in business!