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Financial Planning / Tax Strategies


Subject:  Re: IRA, Roth IRA, and SEP Date:  1/15/2014  8:21 PM
Author:  TMFPMarti Number:  119867 of 123001

On a related note, is there an advantage/difference between an IRA or SEP, or are they functionally equivalent but just have different limits?

A SEP is a way of getting money into a traditional IRA. Once it's there it behaves just like any other traditional IRA money.

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