When Can I Withdraw or Use Assets?An employer cannot prohibit withdrawals from a SEP-IRA. Also, anemployer cannot condition contributions to a SEP-IRA on the keeping ofany part of them in the account. Distributions (withdrawals) from a SEP-IRA are subject totraditional IRA rules. For information on these rules, including taxtreatment of distributions, tax-free rollovers, requireddistributions, and income tax withholding, see Can I MoveRetirement Plan Assets? and When Can I Withdraw or Use IRAAssets? in chapter 1. |