Localfund.com - All about Fund and Investment
*Home>>>Managed Fund

SEP IRA - Can we manage the contributions?


Recently I made contributions for SEP IRA. Will this money go to a default fund or can it be vested in different funds just like we do in 401K ?

impossible to answer unless we have a lot more details about the agreement!!!

What/who is the SEP custodian and what does the SEP say about investment options?

You are not giving us enough info to help you. For starters. Where did you open the SEP? And of course you can manage the positioning of your own money no matter where it is. Please read my profile and then contact me. I would be more than happy to help you get answers.

Yes, you can manage the contributions to your SEP IRA or any other IRA. In general, you need to give the custodian instructions as to which mutual funds the money should go to. Often times, custodians just put the money into cash reserves or money market funds, but things depend.

Sounds like you could use some general investment/financial planning knowledge - I'd check out www.plannerconnect.com

Tags
  Offshore Investment   Mutual Fund   Money Market Funds   Money Investment   Managed Fund   Make Money   Low Risk Investment   Long Term Investment
Related information
  • How much would it cost me to manage a car?

    i would suggesst you to save some more money for next year and buy a decent car with it.. the amount of money you are planning to buy a car from..is a bit tooo less..yeah obviously you can get a...

  • What is the best way to start saving money in a savings account, etc.?

    Automatic withdrawal is a great way to go. Mutual funds offer higher interest, with more risk. Research www.TRowePrice.com Savings accounts at banks offer a lower interest rate, but easy acc...

  • For married couples: How do you divide money?

    You put money into your retirement accounts first. You put money into an Emergency Fund 2nd You put money into a Sink fund for large purchases. You pay each person an allowance for personal need...

  • Help me with my spending problem?

    To me, it sounds like you need a hobby or interest other than shopping. Develop an interest, so you have something better to do with your time than wasting money at the mall.

    ...
  • Where can I email yahoo about an email involving fraud from another country?

    I get similar e-mails all the time. The only thing I know to do is to forward them to the below address. Honestly, I don't know if it does any good, but that's what I have read.

    ...
  • Maximum security with decent rate?

    i'd say put into a CD account so you can get really high interest from in a couple years, or else you could go to a credit union and put it in an account there. i remember one of my friends s...

  • How much should a business owner pay himself? Is it a certain percentage, or a set dollar amount?

    You don't pay yourself anything until you calculate your net income. That's your profit after all expenses. After you are sure you have a profit, you can dip into that for your needs, b...

  • My business partner is adamant about who stole the money, what should i do?

    Who else had access to the safe? Find the real culprit (if it wasn't you). ~

    ...
  •  

    Categories--Copyright/IP Policy--Contact Webmaster