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How Will My SEP IRA Be Taxed If I Cash Out Now?

rhinefire

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I have about 70K in my SEP IRA. I have been retired for three years and pushing for 71 years come January. I'm looking to cash this portfolio out and do other things with the money. Can anyone clue me in on how I will be taxed if I take it all now in 2018 or split it 50-50 between this year and 2019?
 
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