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Rules for funding a traditional IRA?
Rules for funding a traditional IRA? TLDR; Set up a traditional IRA with Charles Schwab for my self-employed dad who’s 55. He is the sole owner of the company which is structured as an S Corp. Can he fund the IRA using his business bank account? Or does it have to be his personal account To be clear this isn’t a SEP. To my understanding a SEP can be funded with a business account, ...
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