UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next
Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74759  
Subject: Re: SEP and Keogh Rollover? Date: 3/15/1998 10:31 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Greetings, ahoka, and welcome.

<<I have a SEP-IRA and Keogh to which I no longer contribute due to changes in my employment. I would like to try to consolidate these to make them easier to keep track of as I hope to get more Foolish. Does anyone know if it is possible (legal) or even advisable (especially re: the Keogh) to roll these over into a single IRA.>>

It's possible and it's legal. As to the desirability of doing so, arguments can be made on either side. Personally, I would combine these monies into a single IRA for ease of management and administration. The strongest argument for NOT doing so would be to preserve the eligibility to roll the Keogh money to a future new employer's Keogh should you want to do that. That's not a big issue with me. What you should do, though, is - big surprise -- entirely up to you.

Regards…..Pixy

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (3) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
2013 Feste Award Voting Begins!
Who will win the 2013 Feste Award? Vote now for the Fool that most exemplifies the Fool Community mission of Learning Together!
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.
Post of the Day:
Tax Strategies

TMFPMarti-Feeling Good
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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 "#1 Media Company to Work For" (BusinessInsider 2011)! 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.
Advertisement