SEP question

Financial Planning - Financial planning in general. (Moderated) 

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Subject Author Date SEP question W. Wells 05-16-2008  Re: SEP question Jack W. 05-23-2008
Posted by W. Wells on May 16, 2008, 8:17 am Could a person take money from a company SEP (which he works for) and use the money to buy stock in the company (which he works for) without penality? -------------------------------------- Misc.invest.financial-plan is a moderated newsgroup where Moderators strive to keep the conversations on-topic for financial planning. Other posting guidelines include a request for brevity and another for trimming posts to which we respond. For all of the other tips and suggestions, see "FROM THE MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the Newsgroup. Posted by Jack W. on May 23, 2008, 1:37 pm > Could a person take money from a company SEP (which he works for) and use > the money to buy stock in the company (which he works for) without penalty? Why not? You might need to roll the money into some account (traditional or Roth IRA, whichever is the proper successor to a SEP) where you can manage the investments, if the SEP doesn't already allow you to do that. -------------------------------------- Misc.invest.financial-plan is a moderated newsgroup where Moderators strive to keep the conversations on-topic for financial planning. Other posting guidelines include a request for brevity and another for trimming posts to which we respond. For all of the other tips and suggestions, see "FROM THE MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the Newsgroup. Similar Threads Posted IRA question January 8, 2007, 5:00 am 529 question January 11, 2007, 4:41 pm TVM Question, please help February 8, 2007, 4:33 pm S.S. Question, Please September 1, 2007, 8:40 pm 403(b)/457(b) question October 3, 2007, 4:24 pm Re: Another Soc Sec question October 30, 2007, 11:29 am RMD question January 17, 2008, 1:04 pm annuities question(s) October 24, 2006, 8:33 am Another gifting question December 14, 2006, 9:14 am Another IRA / Keogh question December 21, 2006, 11:25 am