Suze Orman

Now, you're not going to be able to do any tax loss harvesting because everybody, tax loss harvesting is when you take your losses now and are able to offset them for your taxes.

So everybody, don't ever make the mistake that the money that you have in a retirement account is subject to capital gains or whatever when you sell within there or losses.

It doesn't work that way.

However, the truth of the matter, my dear Lauren,

When the money in a SEP IRA is down and you want to get it into a Roth, now is when you want to do it.

Because since it's down and you do convert it, you're not going to owe as much on taxes.

But it's not known as tax loss harvesting.

However,

Here's the problem.

Even though now legally you can have a SEP Roth IRA, okay?

Good luck finding one.

None of the major brokerage firms allow them.

I can't find any of them.

So here's what you would do.

Who cares if it's another SEP?

Just take your SEP IRA and convert it to a Roth IRA knowing you are going to pay taxes on whatever amount you convert.

And now it's all in a Roth IRA.

And you can keep your SEP IRA, funding it for as much as you can every year, and then just convert it to a Roth

IRA every single year.

And that's how I would do it if I were you.