Janice Pratt
Apr 20 2001, 12:29 PM
I'm part of a SARSEP plan my employer set up with Equitable - but I'd like to move some of the funds to another type of investment other than mutual funds and definitely out of Equitable's fund groups. Can I do this? How do I do it?
IRC401
Apr 22 2001, 09:59 PM
Set up an IRA somewhere else and ask your new IRA custodian how to move the money. You'll need to complete some forms.
Gary Lesser
Jul 26 2001, 10:23 AM
Keep in ind that elective contributions from this traditionl IRA (SEP) may not be rolled over to another traditional IRA until after a determination has been made that the 125% test has not been exceeded, or if earlier, March 15, following the end of the plan year.