I just heard something the other day that has me concerned. I heard you can't contribute to a simple IRA and to a 401(k). I always heard you could do this, but under certain circumstances, you can't. Of course you visit the irs.gov pages to try to find anything out, and that's hopeless. Does anyone here know for certain?
I have a 401k at my day job, and a SEP-IRA in my side business. In 2006 I will probably switch to a 401k so that when I go out on my own, I can just rollover into one account.
Call Fidelity, they are very helpful.