The Roth SEP IRA is made possible by the SECURE 2.0 Act, which allows fo SEP IRA co t ibutio s to eceive Roth tax t eatme t sta ti g i 2023. U de a Roth SEP IRA, a busi ess ow e pays tax o co t ibutio s i the yea they’ e made, the lets that mo ey g ow a d come out completely tax-f ee i eti eme t. The co t ibutio limit does ‘t cha ge. I 2026, save s ca still co t ibute up to $72,000, o 25% of compe satio , whicheve is less, the same as a t aditio al SEP IRA.
“Self-employed p ofessio als have always bee able to save mo e i a SEP IRA tha i almost a y othe eti eme t accou t. What they have ‘t had, u til ow, is a simple way to make that mo ey tax-f ee too,” said
With the lau ch, WealthRabbit custome s ca :
Ope a Roth SEP IRA, a t aditio al SEP IRA, o split co t ibutio s betwee both, a d cha ge that electio fo futu e co t ibutio s at a y time
Co t ibute up to $72,000 i 2026, o 25% of compe satio , with o i come limits o eligibility
Access the same p ofessio ally ma aged Co e a d C ypto po tfolios available ac oss WealthRabbit’s platfo m
Set up a accou t i about te mi utes, with o pay oll i teg atio equi ed fo sole p op ieto s
The Roth SEP IRA is p iced the same as WealthRabbit’s t aditio al SEP IRA, at $6 pe mo th flat, with o pe -employee fees.
“A lot of ou custome s a e f eela ce s a d si gle-ow e busi esses who assumed Roth-style tax t eatme t was o ly fo W-2 employees o Roth IRA holde s u de the i come limit,” Acke ma added. “This closes that gap. It’s o e mo e place whe e the tax code caught up to how people actually u thei busi esses, a d we wa ted to be the fi st o es to make it usable.”
The Roth SEP IRA is available ow to ew a d existi g WealthRabbit custome s at wealth abbit.com.
WealthRabbit is a digital eti eme t platfo m built fo small busi esses, self-employed p ofessio als, a d the accou ta ts who se ve them. WealthRabbit offe s SIMPLE IRA, SEP IRA, Roth SEP IRA, T aditio al IRA, Roth IRA, a d Backdoo Roth IRA solutio s, with fully digital setup, automated co t ibutio s, pay oll i teg atio , a d p ofessio ally ma aged po tfolios. WealthRabbit is ow ed a d ope ated by P aja a Ve tu es a d is based i Rock Hill, South Ca oli a.
I vesti g i volves isk, i cludi g the possible loss of p i cipal. Past pe fo ma ce does ot gua a tee futu e esults. Roth co ve sio s may ge e ate taxable i come, a d the tax co seque ces of a Backdoo Roth IRA st ategy depe d o a i dividual’s specific fi a cial situatio , i cludi g existi g IRA bala ces a d the applicatio of the IRS p o- ata ule.
WealthRabbit does ot p ovide tax o legal advice. I vesto s should co sult with a qualified tax adviso , CPA, o fi a cial p ofessio al befo e impleme ti g a Roth co ve sio o Backdoo Roth IRA st ategy. Eligibility equi eme ts, co t ibutio limits, i come th esholds, a d IRS egulatio s may cha ge a d ca affect the suitability o outcome of this st ategy.
Automatio tools a e desig ed to facilitate executio but do ot elimi ate tax isk, epo ti g obligatio s, o complia ce equi eme ts. I vesto s a e espo sible fo eviewi g accou t activity a d e su i g the accu acy of tax fili gs, i cludi g IRS Fo m 8606 a d othe applicable fo ms.
