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Author: jasonafoster Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 124948  
Subject: Re: Contributory IRA Transfer to SEP? Date: 2/16/2000 2:13 PM
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>>Are you sure you asked the same question of everyone?<<

Yes. Actually one fund company gave me two different answers. The first representative said no. I called back immediately on a special number they had for IRA's and that person said yes. The CPA's answer was actually a bit clearer than maybe. He said that as long as the original IRA's were all deductible and none were non-deductable, then it should be okay.

I think that perhaps some of the people I'm asking may be confusing an SEP-IRA with a SIMPLE-IRA. I don't know, but something's FUBAR when the IRS can't even give you the right answer. And if you rely on their bad advice, that's no excuse under the law. That's especially FUBAR.

Anyway, thanks for your response. I appreciate all the input I can get.
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