KateSmithPA Posted December 18, 2012 Posted December 18, 2012 Client currently has profit sharing plan. He wants to terminate the profit sharing and start a SEP. One of the assets in his profit sharing plan is an annuity. Can her rollover his annuity to his SEP? Thank you. Kate Smith
ETA Consulting LLC Posted December 18, 2012 Posted December 18, 2012 Sure. Good Luck! CPC, QPA, QKA, TGPC, ERPA
Bird Posted December 18, 2012 Posted December 18, 2012 Technically, it would be rolled over to a separate Rollover IRA. Most, maybe all, investment/insurance companies keep SEP-IRA accounts separate from other IRAs. (Good luck getting the insurance company to process it correctly!) Ed Snyder
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