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Dave: TMF Pixy


Schwab acct since 1996 was a 401K MP/PS Plan; transferred account into WFN Siebert last year. THEY put it into a Keogh and they say that's what it has to be....fine, not even the right to write checks at WFN (UGH)

We are winding down a 30year architecture business (just some consulting now) and so: Can we transfer the Keogh into a SEP-IRA to get away from that pesky automatic IRS payment on distributions, until the tax is due (like next year) or will this trigger some horrible combustion of TAXES and PENALTIES????? We will both be 65 this year.

Please respond..

Jeanne Thrane
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