Can a SEP that was funded by a self-employed person be converted to a Roth without any special consequences? Thank You
>
>
>
>
>
>
>
>
>
- posted
17 years ago
Can a SEP that was funded by a self-employed person be converted to a Roth without any special consequences? Thank You
Yes. It's the same as any conversion from traditional to Roth. See IRS Publication 590.
-- Phil Marti Clarksburg, MD
BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.