Your employer cannot prohibit distributions from your SEP-IRA. Also, your employer cannot condition contributions to a SEP-IRA on your keeping any
part of them in the account.
Distributions (withdrawals) from a SEP-IRA are subject to traditional IRA rules. For information on these rules, including tax treatment of
distributions, tax-free rollovers, required distributions, and income tax withholding, see Can I Move Retirement Plan Assets? and When
Can I Withdraw or Use IRA Assets? in chapter 1.
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