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Full Version: Life Insurance with SEP money
BenefitsLink Message Boards > Retirement Plans > SEP, SARSEP and SIMPLE Plans
szaidman
Is there any way to purchase life insurance with money that is in a SEP?
Belgarath
No.
Appleby
Unless you want to take a distribution and use the money to purchase the life insurance... and that would be a taxable transaction
GBurns
Why were you even thinking of doing this, if it was allowable?
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