If you’re someone who qualifies for a Simplified Employer Pension Plans (SEP IRA), you’ll definitely want to take full advantage of this SEP IRA rollover. With a traditional IRA rollover account, you’ll be subject to certain limitations on how much you can contribute to the SEP IRA rollover account each year – currently; this amount is only $5,000. (more…)
Posts Tagged ‘Traditional IRA’
What Types of Accounts Can Accept an SEP IRA Rollover?
Posted by admin on April 27th, 2010
There are many reasons to perform an SEP IRA rollover, but usually this occurs when you’re consolidating rolling over your funds from an old SEP IRA to another. One of the first things that you need to know is whether or not your new account will accept the rollover funds from the old one. (more…)