SARSEP early distributions or rollovers
Are SARSEPS subject to any special distribution penalties in the way that SIMPLE IRAs are? In other words do SARSEPS need to be held for 2 years before being rolled over to an IRA in order to avoid any kind of penalty?
Your help would be much appreciated. Thank you.
Permalink Submitted by Alan Spross on Fri, 2012-01-06 23:20
No, there is no holding period requirement as for SIMPLE IRAs.
Permalink Submitted by Jack Thomas on Fri, 2012-01-06 23:32
Thank you.
Permalink Submitted by Jose Montenegro on Thu, 2022-05-05 19:49
May qualified distributions be rolled over to a SARSEP?
Permalink Submitted by Alan - IRA critic on Thu, 2022-05-05 20:22
Yes, to an existing SARSEP.