Bad time of year, I just spent $44,300

[BTDretire]

Or is it a good time of year?
Most of it is Mustachian!
I fully funded two SEP's, Two Roth IRA's and an HSA.
 The not so good side I paid additional taxes I owed for 2015,
sent in my quarterly for 2016, and I paid my accountant.
 Man, I'm glad this is over for a year.

[PhysicianOnFIRE]

Good for you!

By the way, you spent $0.  You wisely invested $44,300.  HUGE difference.

Keep up the good work,
-PoF

[onlykelsey]

Good for you!

By the way, you spent $0.  You wisely invested $44,300.  HUGE difference.

Keep up the good work,
-PoF

Haha, personalcapital hasn't learned this yet.  I'm always like HOW DID I SPEND 2K?!?! oh... Vanguard. ok.

But that is definitely a big difference. 

[BTDretire]

Good for you!

By the way, you spent $0.  You wisely invested $44,300.  HUGE difference.

Keep up the good work,
-PoF

 Well, I did spend some, but I had little choice $7,300 was for taxes.
$550 for the D$%& accountant.
 But ya, mostly good, just wish I did it before Feb 11, the market took off that day.
But I still have 9 years before RMDs.

[projekt]

Are you allowed to contribute to an IRA if you also contributed to a SEP?

[BTDretire]

Are you allowed to contribute to an IRA if you also contributed to a SEP?

    My accountant said yes I could, last year*, and Googling the question says I still can.
I'll admit most of what I find is a bit of read and then decipher.
"Yes, you can contribute to both a Roth IRA and an employer-sponsored retirement plan such as a 401(k), SEP or SIMPLE IRA. However, each type of retirement account has annual contribution limits. For a Roth IRA, the maximum annual contribution for 2014 is $5,500 (or $6,500 if you’re 50 or older) or, if you earned less than that, the limit is your total taxable compensation for the year."
>http://www.investopedia.com/ask/answers/081414/can-i-contribute-roth-ira-and-still-participate-my-employersponsored-retirement-plan.asp<
 Ideal reference is an IRS publication.

 *so I missed 9 years of Roth contributions because he didn't tell me sooner.

[RWD]

"Spent"

[somebody8198]

Are you allowed to contribute to an IRA if you also contributed to a SEP?

    My accountant said yes I could, last year*, and Googling the question says I still can.
I'll admit most of what I find is a bit of read and then decipher.
"Yes, you can contribute to both a Roth IRA and an employer-sponsored retirement plan such as a 401(k), SEP or SIMPLE IRA. However, each type of retirement account has annual contribution limits. For a Roth IRA, the maximum annual contribution for 2014 is $5,500 (or $6,500 if you’re 50 or older) or, if you earned less than that, the limit is your total taxable compensation for the year."
>http://www.investopedia.com/ask/answers/081414/can-i-contribute-roth-ira-and-still-participate-my-employersponsored-retirement-plan.asp<
 Ideal reference is an IRS publication.

 *so I missed 9 years of Roth contributions because he didn't tell me sooner.

Don't forget there is also an income limit for the Roth. It is $117,000 for 2016.

[RWD]

Are you allowed to contribute to an IRA if you also contributed to a SEP?

    My accountant said yes I could, last year*, and Googling the question says I still can.
I'll admit most of what I find is a bit of read and then decipher.
"Yes, you can contribute to both a Roth IRA and an employer-sponsored retirement plan such as a 401(k), SEP or SIMPLE IRA. However, each type of retirement account has annual contribution limits. For a Roth IRA, the maximum annual contribution for 2014 is $5,500 (or $6,500 if you’re 50 or older) or, if you earned less than that, the limit is your total taxable compensation for the year."
>http://www.investopedia.com/ask/answers/081414/can-i-contribute-roth-ira-and-still-participate-my-employersponsored-retirement-plan.asp<
 Ideal reference is an IRS publication.

 *so I missed 9 years of Roth contributions because he didn't tell me sooner.

Don't forget there is also an income limit for the Roth. It is $117,000 for 2016.

Or $184,000 if married filing jointly.

[BTDretire]

Are you allowed to contribute to an IRA if you also contributed to a SEP?

    My accountant said yes I could, last year*, and Googling the question says I still can.
I'll admit most of what I find is a bit of read and then decipher.
"Yes, you can contribute to both a Roth IRA and an employer-sponsored retirement plan such as a 401(k), SEP or SIMPLE IRA. However, each type of retirement account has annual contribution limits. For a Roth IRA, the maximum annual contribution for 2014 is $5,500 (or $6,500 if you’re 50 or older) or, if you earned less than that, the limit is your total taxable compensation for the year."
>http://www.investopedia.com/ask/answers/081414/can-i-contribute-roth-ira-and-still-participate-my-employersponsored-retirement-plan.asp<
 Ideal reference is an IRS publication.

 *so I missed 9 years of Roth contributions because he didn't tell me sooner.

Don't forget there is also an income limit for the Roth. It is $117,000 for 2016.

  I only wish I was near that limit, but as RWD said, $184,000 if filing jointly, which we are.