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Tuni asks:

<<About 8 yrs ago, I started a SEP-IRA since I couldn't get vested in my former employer's pension plan. The SEP-IRA (whatever that is???) has about $300 in it. I am >59 1/2...can I do something with it? Its not even worth the paperwork to keep it....

Can/should I roll it into another of my IRAs?
Can/should I just cash it in???
Should I just leave it along until my husband retires (about 1-2 more yrs - I am not working now)...>>


Evidently when you opened that IRA you were either self-employed or worked for an employer who made contributions to that IRA. Either way, that IRA is really just like any other traditional IRA after the contribution has been made. That means you may transfer it at will to any other traditional IRA you have. You may also take the money and pay taxes (plus the 10% penalty if you're younger than age 59 1/2). As to what you should do, that's up to you.

Regards..Pixy
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