The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Moving my IRA||Date: 12/23/2000 2:45 AM|
|Author: glm2600||Number: 26759 of 81600|
I am considering moving most of the money in the SEP IRA that my employer has set up for me into an IRA with one of the discount online brokers.
I will be leaving a small amount in the current account in order for it to remain open so that my employer can continue to make contributions to it. Then, yearly, or more often if I choose, I will transfer these contributions to the "online broker IRA".
Now that I have totally confused everyone, my question is, what type of IRA can I open? Does it also have to be a SEP or are there other options?
Thanks in advance.
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|