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| "Jerohm" <jDrEmLoEhTrE[at]snet.net> wrote: - quote - > Can a SEP that was funded by a self-employed person be
Yes. It's the same as any conversion from traditional to> converted to a Roth without any special consequences? Roth. See IRS Publication 590. -- Phil Marti Clarksburg, MD << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ------------------------------------------------------- > |
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| Can a SEP that was funded by a self-employed person be converted to a Roth without any special consequences? Thank You << ================================================== ===== > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| conversions, ira, roth, sep |
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