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Old 05-23-2008, 05:37 PM
Jack W.
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Default Re: SEP question

On May 16, 8:17 am, "W. Wells" <ot...[at]nc.rr.com> wrote:
- quote -

> Could a person take money from a company SEP (which he works for) and use
> the money to buy stock in the company (which he works for) without penalty?


Why not? You might need to roll the money into some account
(traditional or Roth IRA, whichever is the proper successor to a SEP)
where you can manage the investments, if the SEP doesn't already allow
you to do that.

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Old 05-16-2008, 12:17 PM
W. Wells
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Default SEP question

Could a person take money from a company SEP (which he works for) and use
the money to buy stock in the company (which he works for) without penality?

------ Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.

 

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