What's the Difference Between a Sep and a Solo Foreign K?

So the difference between a sep and a solo foreign k, in this instance, ecause you don't have the employees rate, is four. And ks have two kinds of contribution types. So the sep youre always contributing as the employer. The four and k, you're contributing as an employee. That first 20 thousand 500, as you as an employee of your own company. You can do that as a schedulety, you can do as an escort, as a w two. It doesn't matter what your entity structure is. But the first 20 is a hundred % of your income goes up to 20 thousand 500,. right then, ag wha 're in.