Permalink Submitted by Alan - IRA critic on Wed, 2017-05-31 15:23
Yes. He is allowed to continue making SEP IRA contributions, but also must take an annual RMD either from the SEP IRA directly or from another IRA to the extent of the RMD calculated on the prior year end SEP IRA value.
Permalink Submitted by Alan - IRA critic on Wed, 2017-05-31 15:23
Yes. He is allowed to continue making SEP IRA contributions, but also must take an annual RMD either from the SEP IRA directly or from another IRA to the extent of the RMD calculated on the prior year end SEP IRA value.