SEP IRA

Archive for the ‘SEP IRA’ Category

Question: I am having a difficult time figuring out this business math question. could someone please help? thx?

John Smith saw the following advertisement. Could you show him how $179.18 was calculated? (Omit the “$” sign in your response.)
$ ______ ×_______ ×_____ /_______ = $ ________

*As of January 31, 200X, and subject to change. Interest on the 8-month CD is credited on the maturity date and is not compounded. For example, a $5,000, 8-month CD on deposit for an interest rate of 5.45% (5.55% APY) will earn $179.18 at maturity. Withdrawals prior to maturity require the consent of the bank and are subject to a substantial penalty. There is $500 minimum deposit for IRA, SEP IRA, and Keogh CDs (except for 8-month CD for which the minimum deposit is $1,000). There is $1,000 minimum deposit for all personal CDs (except for 8-month CD for which the minimum deposit is $5,000). Offer not valid on jumbo CDs.

Answer: i cant help u

Giro pelo Caldeirão – Vasco 1×0 Guarani

Roth IRA and Silver ETF SLV

Question: Can I roll a SEP IRA into a Roth?

I want to roll a SEP IRA into a Roth to make it easier to manage. I don’t have a problem paying tax on the amount rolled over. But I don’t want it to affect the annual amount I can contribute to the Roth which is $4,000. Is this possible?

Answer: For ease of rollover,
check with those who have your IRA now.

Rollovers usually are tax free transactions.

check out: – www.irs.gov – for all free forms and instructions, plus use their search sections – to get your specific questions answered.

GOD bless.
CPA-retired

Using your Roth-IRA or SEP-IRA for Real Estate Investment