SEP-IRA is a retirement plan for self-employed and small business owners. It is simple to start and administer, with flexible contributions and tax-deferred money. Eligible employees must be at least 21 years old and have served for three of the last five years. The plan can roll over to other qualified retirement plans and withdrawals […]
A SEP-IRA is a simple retirement plan available to self-employed individuals and small business owners. Contributions are tax-deferred and flexible, and the employer can contribute up to 25% of an employee’s compensation, up to $44,000 for 2006. Eligible employees must be at least 21 years old and have served for at least three of the […]
When making a SEP-IRA rollover, account holders have two options: indirect or direct. Research and consulting a tax advisor are recommended. Indirect is best if the account holder can fund the new account within 90 days, while direct is faster and easier. When making a SEP-IRA rollover, the account holder has two different options to […]
A SEP-IRA is a retirement plan for self-employed and small business owners. It is simple, flexible, and tax-deferred. Eligible employees must be at least 21 years old and have served three of the last five years. Contributions are up to 25% of an employee’s pay, up to $44,000 in 2006. It can be rolled over […]
When rolling over a SEP-IRA, there are two options: indirect and direct. Research and consult a tax advisor before making a decision. Indirect transfers may have fees, while direct transfers are faster and easier. When rolling over a SEP-IRA, the account holder has two different options for moving the account from a SEP-IRA to another […]
