Greetings, Irma, and welcome. You wrote:<<I wanted to move a traditional IRA into a Rollover IRA in order to consolidate our accounts. The rollover IRA is much larger than the traditional IRA and tainting the Rollover IRA is not important to us. Our broker informed us that we could move the traditional Ira into the Rollover IRA but not the other around. Is he correct?>>No, he's not. Your rollover/conduit IRA is just another name for a standard traditional IRA that's holding money that came from an employer's qualified retirement plan. You may treat it just like any other IRA provided you have no desire to later move those proceeds to a new employer's retirement plan that accepts rollover money from an old employer's plan. You don't care if you have that ability or not. Accordingly, you may roll other IRA money into that IRA or vice versa and you may make contributions to that IRA should you so desire. Tell that idiot broker he's talking through his hat and obviously doesn't understand IRA rules too well.Regards..Pixy
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