CORRECTIONS
By

(MONEY Magazine) – June's retirement cover story incorrectly reported that you can contribute a tax-deductible 20% of net income, up to $30,000, to a simplified employee pension (SEP). Contributions can be 15% of net income, to as much as $30,000 (net income is defined in this case as business income less your expenses, half of your self-employment tax and your entire SEP contribution). July's Newsline report on car bargains said that the automaker is giving dealers $500 in dealer-incentive money on the Toyota Camry. That statement is incorrect. We apologize for the error.