Know the risks before you make your decision. The promise of testosterone therapy may seem enticing, but there are a lot of misconceptions about what the treatment can and can't do for you. As you get older, testosterone therapy may sound like the ultimate anti-aging formula. Yet the health benefits of testosterone therapy for age-related decline in testosterone aren't as clear as they may seem.
How Much Can You Contribute to a SEP IRA? The maximum contribution limit for SEP IRAs varies from year to year. As of 2014, employers can contribute up to 25% of each employeesâ gross annual income or $52,000, whichever is less.
Also, as with traditional (but not Roth) IRAs, you must begin taking distributions from the account once you turn 70-1/2. You can start earlier, without penalties, beginning at age 59-1/2. The SEP-IRA's contribution limits separate it from traditional and Roth IRAs -- in a big way. The more prevalent IRAs have a contribution limit of $5,500 for 2017, plus a $1,000 catch-up contribution for those aged 50 and older.