2005 IRA contribution
Does anyone know the maximum contribution amounts for this year? (I think it's $4500 if you're over 50). DH is not covered by a 401k at work, but our income is fairly high - will that mean an IRA contribution for him would be nondeductible? I'm self employed (very part-time) - could I do an IRA and a SEP? Or does the SEP count as having a retirement plan, and then disqualifies me for a deductible IRA?