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I'm self-employed, and have my own self-directed SEP-IRA. I should have had a SIMPLE, but I'm starting to think my accountant is not up-to-speed on these things.

Anyway, I can maintain as many IRAs as I want, as long as my total contributions to all of them are within the limits specified by the plan. This is true of anyone who isn't covered by an employer's qualified plan.

So, why can't I just leave my current SEP-IRA ( I only have one ), and direct all future contributions to a Roth IRA? That way I don't roll over anything, I just maintain it with the money in there now.

It may matter to know that I am 29 years old. Thanks for the help I've received on this board. I think I need a new accountant.
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