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Old 04-14-2007, 03:48 AM
Phil Marti
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Default Re: SEP IRA to Roth Conversions?

"Jerohm" <jDrEmLoEhTrE[at]snet.net> wrote:

- quote -

> Can a SEP that was funded by a self-employed person be
> converted to a Roth without any special consequences?


Yes. It's the same as any conversion from traditional to
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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Old 04-12-2007, 10:32 PM
Jerohm
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Default SEP IRA to Roth Conversions?

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. > << ================================================== ===== >
 

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conversions, ira, roth, sep
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