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Subject:  Re: Too Many IRAs Date:  12/2/1998  9:08 AM
Author:  jmbarnes Number:  6919 of 88536

<<Unlike other retirement plans, a SEP-IRA can be rolled directly into a
Roth IRA. When you leave your job, then, that SEP-IRA can be transferred
into a traditional or a Roth IRA at your discretion>>

Thanks so much for the help...the one question I still have is: When I transfer the SEP IRA to a Roth, am I correct in assuming that I will be responsible for any taxes that I avoided while those funds were held in the traditional SEP IRA (i.e. would I treat this transfer the same as converting a trad. IRA to a Roth)?

Thanks again,
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