Is there any reason to keep a SEP-IRA open after transferring to a i401k?

[socaintexas]

I opened a SEP-IRA this year to be able to take advantage of additional tax deferment  since I did not get my i401K opened in 2016.  I am rolling the money into the i401k now.  Is there any reason to keep the SEP-IRA open, or should I click the box to transfer the entire amount and close the account?

[Dr. Mom]

I didn't come up with one for us.  I closed the SEP when it rolled into the 401k.  My brokerage did leave a sweep order open so any lingering dividends moved over to the 401k.

[jfoxcpacfp]

Close the account unless you really like getting extra emails and paperwork! They may close it for you after a certain period of time.