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Ira Fuchs
Ira H. Fuchs (born December 1948) is an internationally known authority on innovative technology solutions for higher education and is a co-founder of BITNET, an important precursor of the Internet. 
He was inducted into the Internet Hall of Fame in 2017. Since 2012 he has been President of BITNET, LLC a consulting firm specializing in online learning and other applications of technology in higher education.
Career.
Ira Fuchs graduated from the Columbia University School of Engineering and Applied Sciences in 1969 with a B.S.
-IRA funds are taxed at ordinary income tax rates when qualified withdrawals are taken after age (as for traditional IRAs). Contributions to a SEP plan are deductible, lowering a taxpayer's income tax liability in the contribution year.
Contribution limits.
SEP-IRA contributions are treated as part of a profit-sharing plan. For employees, the employer may contribute up to 25% of the employee's wages to the employee's SEP-IRA account. For example, if an employee earns $40,000 in wages