`Nest Eggs For Late Starters'

"Nest Eggs for Late Starters" (Personal Business, July 25) said you could put up to $30,000 in a Keogh or simplified employee pension (SEP) tax-free. This is true if it is strictly a profit-sharing Keogh or SEP, where you can contribute 15% of salary, up to a maximum of $22,500.

Before it's here, it's on the Bloomberg Terminal.