SEP IRA question

Is there such a thing a setting up a SEP IRA too early?

I wanted to at least have it ready to go by the time my side business opens so I opened one with my brokerage.

My brokerage deposited a few cents to my bank account I used, and I returned them (total balance $0 after the transactions) to verify the account is mine.

I will not contribute until I am actually able to.

Is there some penalty I might run into by just having the account, even though there's nothing in it?


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