The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/on-a-related-note-is-there-an-31068990.aspx

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.

Do eith