Contributing to Multiple SEP-IRA Accounts

[cobbsfriedman]

Regarding SEP-IRA, as an employer can you Set up and Contribute to multiple sep-ira accounts for a single employee?

[Bird]

I'll give a cautious "yes" but you need a custom document of some sort. It's very likely to be FUBARed. I'm not sure who is trying to accomplish what, but a possible workaround is to set up one SEP with one investment company and let the participant roll over to another IRA(s).

[QDROphile]

Nix on rollover. Transfer.

[cobbsfriedman]

The purpose is basically having half the money going to a "robo-trading" type account like wealthfront and then the other going to something more self managed.