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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76418  
Subject: Re: Start a SEP again? Date: 9/29/1998 8:45 AM
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KcofMaine asks:

In fact, I received paperwork from Putnam Investments, showing they had changed my SEP to a regular individual IRA.

But, none the less, thanks for your help in explaining the nature of the SEP/IRA...and for the heads up on the "Simple IRA" to take the place of the SEP/IRA. Do you have any more info on it?


You can read about it in my Foolish Retirement Plan Primer at http://www.fool.com/Retirement/Retirement.htm . Also, you can go to the IRS website and grab Publication 560, Retirement Plans for Small Business (SEP, Keogh and SIMPLE Plans). The link is: http://www.irs.ustreas.gov/prod/forms_pubs/index.html .

Regards….Pixy

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