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[[Have I done something which the IRS will not like? I am confused by the terms
rollover/transfer, and was careful, upon much advice, to ensure that at no time
did I recieve any funds (distributions?) in my own name. Hence the check was
made out to the trust company.]]

"Holding" or "receiving" the funds is not the issue. It is just very, very unusual that you would "rollover" or "transfer" your prior pension funds into a SEP-IRA account. And, since I wasn't there, I can't be sure exactly WHAT you did.

But I would certainly question my DATEK broker as to why they recommended that you "rollover" your pension funds to a SEP-IRA account. And if anything needs to be corrected, now is the time to do it.

[[ Thanks again. You eased my mind in one area but now I worry about a new
wrinkle :0 :)]]

Nothing to really worry about. We may just be getting confused with the terminology. Perhaps something else was done that you are not aware of, or are forgetting to tell me. Perhaps I'm just misunderstanding the issues.

But in any event, double check with your Datek broker, make sure that the BROKER understands what you were trying to do, ask him why he "rolled" you pension money to a SEP-IRA rather than a regular IRA Rollover account, and make sure that you guys are all square. There shouldn't be any problems whatsoever.

TMF Taxes
Roy
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