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<< After the dashes are a lot of requirements that must be met to qualify as a SEP. But the starting point is that it has to be an individual retirement account or individual retirement annuity. And if it is, then it must be an individual retirement plan as defined in section 7701(a)(37). And if it is, you're permitted to roll it to a Roth IRA by reason of section 408A(e). I guess it would be an exaggeration to call this straightforward, but I don't see any ambiguity here; it seems perfectly clear that you *can* roll a SEP IRA directly to a Roth IRA if you meet the other requirements (modified AGI <= $100,000 and not married filing separately).>>

I like that explanation. I hope the IRS does, too. Sometimes things get lost in the translation in their interpretive guidance, though.

Thanks for taking the time to trace through the logic.


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