A:



Yes. The same rules that apply to investing Traditional and Roth IRA assets applies to SEP IRA assets. Therefore, providing the limited partnership investment is permitted under the Internal Revenue Code, and it can be held in the SEP IRA. Of course, the investment would have to be done with a custodian that permits such transactions. Individuals should consult with a competent tax professional to determine whether the limited partnership investment satisfies the requirements of the Code.



This question was answered by Denise Appleby
(Contact Denise)



RELATED FAQS

  1. Are there any practical differences between a wholly owned subsidiary and a regular ...

    Explore the real, practical differences between a wholly owned subsidiary and a regular subsidiary. Local conditions determine ...
  2. What's the difference between a financial plan and a financial forecast?

    Learn which types of business structures present the greatest amount of risk through unlimited liability to the owner or ...
  3. Which factors drive the marginal propensity to consume?

    Understand how a limited liability company is taxed. Learn the tax structure of a single-owner LLC versus a multi-owner LLC.
  4. How can I merge technical analysis and fundamental analysis with quantitative analysis ...

    Understand the benefits a self-employed individual can gain through registering a sole proprietorship as a limited liability ...
RELATED TERMS
  1. Public-Private Partnerships

    A business relationship between a private-sector company and ...
  2. Silent Partner

    An individual whose involvement in a partnership is limited to ...
  3. Active Partner

    An invested person who is involved in the daily operations of ...
  4. Uniform Partnership Act - UPA

    A proposed state law drafted by the National Conference of Commissioners ...
  5. Unlimited Liability

    A type of business where owners share joint and several responsibility ...
  6. Strategic Joint Venture

    A business agreement between two different companies to work ...

You May Also Like

Related Articles
  1. Fundamental Analysis

    How has Larry Page's vision for Google ...

  2. Stock Analysis

    What Makes LinnCo Different From MLPs?

  3. Investing News

    So You Wanna Buy A Franchise?

Trading Center