Here is how the SRS is computed for a retiree whose MRA is age 56 and who retires under FERS with 30 years of civilian service and an estimated age 62 Social Security benefit of $1200 a month. 1  The FERS service is divided by 40. 2  The age 62 Social Security benefit is multiplied by the fraction derived above.
The IRS allows you to combine money in a SEP IRA with money in a 401(k) plan, either by moving the SEP IRA money to the 401(k) or the 401(k) money to the SEP IRA.
For example, if you perform a rollover from the 401k plan to the SEP IRA, you could not perform another rollover from the 401k plan to any other retirement account for 12 months. In addition, you could not roll over the money from the SEP IRA that you rolled the money into for 12 months.