No. of Recommendations: 0
Bernieschwartz asks:

I have a SEP-IRA, a 401k rollover IRA, a regular tax-deductible IRA and a regular non-tax-deductible IRA. I would like to consolidate these into one IRA. Can I do this???

Pixy responds:

Absolutely. However, be aware that when you merge the 401k rollover IRA with another, that money forever loses its eligibility for rollover to a new employer's 401k plan. That's not a big deal to Fools, but if it's important to you to retain that option, then you want to keep the 401k rollover IRA separate from all others.

What about rolling different accounts over into a ROTH IRA. Is there a rule about how many times you can roll over into the ROTH??


Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.