Hi All,
Wife is considering becoming a contractor/LLC - one concern is that she will lose access to her current employers 401K.
Currently we are maxed out on 2 401ks and both IRAs + HSA's. This will continue but we will obviously no longer have access to her 401k.
How does the SEP work in this situation? What are the limits and how is it impacted by the existing 401k and IRAs we are maxing?