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.
With both an SEP and SIMPLE IRA, accounts are fully vested as soon as a contribution is made. This means the money belongs to the employee. Both plans also impose early withdrawal penalties. An SEP IRA is subject to a 10 percent penalty in addition to income taxes. Early withdrawal penalties for a SIMPLE IRA differ only in the first two years of opening the account. The penalty in the first two years for taking a withdrawal before reaching age 59 Â½ is 25 percent in addition to income taxes.