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Are there any changes to the 2016 SEP IRA limits that cryptocurrency enthusiasts should be aware of?

avatarShruti BajpaiFeb 17, 2022 · 3 years ago1 answers

What are the recent changes to the 2016 SEP IRA limits that cryptocurrency enthusiasts should keep in mind?

Are there any changes to the 2016 SEP IRA limits that cryptocurrency enthusiasts should be aware of?

1 answers

  • avatarFeb 17, 2022 · 3 years ago
    Definitely! The 2016 SEP IRA limits have been revised, and it's crucial for cryptocurrency enthusiasts to be aware of these changes. The maximum contribution limit for SEP IRAs has been raised to $54,000, giving cryptocurrency enthusiasts more flexibility in their investment strategies. Whether you're interested in traditional or Roth SEP IRAs, it's important to stay up-to-date with the latest limits set by the IRS to maximize your cryptocurrency investments.