I have mainly two IRA accounts, one is a SEP IRA and the other is a Traditional IRA. The SEP IRA has the majority of funds around 3× as much as the Traditional IRA.
Since it is getting on time to start withdrawing funds I was wondering if I should:
- Consolidate the all the funds into the SEP IRA
- Withdraw funds equally or proportionally from both
- Withdraw funds from the Traditional IRA first
- Withdraw funds from the SEP IRA first
What would be the pros or cons for any of the choices?
Thank in advance
