what is the penalty for early withdrawal from a sep ira
Early Withdrawal Penalty. If you take money out of your SEP IRA prior to age 59-1/2, you will have to pay a 10 percent penalty on the withdraw.This penalty comes in addition to the regular taxes you owe.f you take money out of your SEP IRA prior to age 59-1/2, you will have to pay a 10 percent penalty on the withdraw. This penalty comes in addition to the regular taxes you owe.