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The Philly native found producing fame in the 1960s with "The Dating Game," the hit show that paired eligible bachelors and bachelorettes.

Consolidating sep ira

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However, once you leave the company, you may want to consider a SEP IRA rollover.

The most common reason to complete a SEP IRA rollover is that you are no longer an employee of the sponsoring business.

It's a place to "park" pre-tax investments until retirement.

You move pre-tax investments into a rollover IRA directly -- you take anything in cash.

You should consult with a tax or financial advisor to make sure you are within the allowable limits.Also, if you're married remember that you can do a spousal IRA whether or not your spouse is working based on your income. However, there are income limitations that may affect how much you can deduct for your contributions to your IRA.I go into this in greater detail in my latest blog posting, What is a back door Roth IRA? So, some IRA contributions could be non-deductible, partly deductible or totally deductible.Many workers enjoy the benefits of a Simplified Employee Pension Individual Retirement Account (SEP IRA), which allows employers to contribute directly to employees’ retirement savings accounts.Employer contributions are tax-deferred, so employees don’t pay taxes on the contributions and earnings until funds are withdrawn.Update: This is a quite old web page, but as of April 2002 I've updated it after a consultation with a Vanguard retirement account expert.