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Subject:  Re: Combining SEP IRA and IRA? Date:  10/10/1997  9:06 AM
Author:  JeanDavid Number:  445 of 78165

<I know there are lots of problems with different kinds of money. I have a Rollover IRA (rolled from a 401K), and a SEP IRA. Can I combine them? I'd like to start a UG5 with them, and it would be a lot easier if it were one account. It would be harder to buy 5 stocks of roughly equal value each time because of the two different balances.

I understand that at best, I wouldn't be able to take the IRA and put it in another employer's 401K. I'd be okay with that if I can combine them.>

1.) I have never understood why someone would want to put money in an IRA back into a 401(k). I see so many complaints of the form: My 401(k) allows me a limited range of investments, mostly underperforming mutual funds, and I want one that is self-directed; I do not want to quit the company or die: what should I do. If you have the money out of a 401(k) and in a self-directed IRA, I cannot imagine why you woul