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How a SEP IRA Works - Contributions Benefits Obligations and IRS Form 5305-SEP
In this video, I show you how a SEP IRA works. I make it easy to understand the plan's benefits, limitations, rules and obligations if you have employees. I also show you how to calculate SEP IRA contributions and very importantly, how to fill out IRS Form 5305SEP the single form needed for the Internal Revenue Service to set up a SEP IRA.
![How to calculate SELF EMPLOYMENT TAX deduction for retirement plans [SEP IRA + Solo 401k]](https://i.ytimg.com/vi/m5sxc_jJGt0/mqdefault.jpg)
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