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<< I have several traditional IRAs.- Some were created with "before-tax"
money (helped reduce my taxable income).- Some were created with
"after-tax" money (did not reduce my taxable income)- Some were created
when I rolled over 401k/profit sharing money from former employer's
retirement plans.Up until now I have kept these accounts separate, but I
am thinking of rolling these accounts into one, self-directed Roth IRA
account. >>

<< - My question is; What kind of tax ramifications occur by merging these
into one Roth account? I suspect that since I am taxed on each
traditional IRA account as I roll it over into a new Roth account, it
should not matter if I roll the money over into one account or into
several accounts. >>

Based upon my experience I suggest you will have great difficulty determining the cost basis after twenty years if you mix taxable and non-taxable. It sounds simple to calculate now. But in time you will not have your current spreadsheet or computer and will probably not be using the operating system of choice today. Things change. Records get moved. The wife throws a piece away or miss-files it. If you cannot easily find your tax return copies ten to fifteen years old then you will have a problem. Most do not even keep tax returns six years back. If you keep the taxable and the non-taxable separate you only have one rule to remember.

With excellent records and every months brokerage reports 13 years back it took 3 1/2 hours to determine the cost basis on a single stock. Many splits in the last 13 years.

Bill Stanley
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