The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/i-keep-seeing-this-conflict-between-20-and-35-of-26847655.aspx

Subject:  Re: Multiple IRA Limits Date:  7/25/2008  9:55 PM
Author:  SABOB Number:  101502 of 121187

I keep seeing this conflict between 20% and 35% of net for the SEP. Does anyone know which is accurate?

Also, since I am over 59 1/2, I can withdraw from these plans (but have no plans to do so). I assume there is a minimum time money must be left in the plan before it can be withdrawn- correct? If this is correct, is there a "first in, first out" or similar calculation used for withdrawls?
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us