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Sep Retirement Already contributed to a traditional IRA in 2006. Can I open a retirement acct in September and xfer the contrib? I have already contributed to my traditional IRA for 2006 tax year. I want to open a retirement account in September and help instead of the traditional IRA. Can I transfer this contribution to the new account if I had done direct tax year 2006? Why? where are the benefits for him. You can do many things does not mean they are all good for us. suggest some better advice on the meaning of something as important as your retirement fund. There are many differences between a SEP and an IRA. Why should you have one? funds will be withdrawn prematurely for many reasons, one does not speak well for the September accounts early withdrawal penalties are not the same will, if subjected to a penalty of 10%, while only one September account early withdrawal is 20% the main advantage of MS is increasing contributions may be made for her ... I say contribute both if you can. Are you self-employed? If not, no. If you are, you can rotate in September Posted on February 10, 2010.
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