The relatively new festival hosts three stages with artists showcasing the diversity of electronic music at San Diegoâs Waterfront Park, and gourmet food trucks and craft beer vendors keep partiers nourished throughout the festivalâs two days. This festival page has not been claimed.
The SEP-IRA rules, like those governing traditional and Roth IRAs, include deadlines and contribution limits. The deadline for making contributions for a given tax year is the deadline for filing tax returns -- usually April 15.
Since you are under the age of 59 and a half, you are likely subject to a 10 percent IRS penalty for early withdrawal of the Simplified Employee Pension (SEP-IRA). This 10 percent penalty is in addition to the ordinary income tax you would normally pay if you withdrew from your SEP-IRA after you passed the aforementioned age threshold.