No. of Recommendations: 0
I seem to remember reading that in order to qualify for rolling into another employer's 401(k) that the money in the rollover IRA cannot be 'contaminated' with other contributions.

Is this correct, or did I misunderstand?

It was correct until just the last year. It is no longer necessary to avoid "contaminating" your 401k rollover with new contributions. But I also believe that employers need to amend their plans to take advantage of this change in the law. If your new employer's plan isn't amended, you could still have a problem with the rollover.

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!
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.
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.