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Author: ahoka Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75525  
Subject: Old Keogh Date: 4/19/1998 4:03 PM
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A very belated thanks to those who answered my questions last month! Now, I have another one (I hope there aren't any IRS agents lurking...):

I have a Keogh (Money Purch & Profit Sharing) that I have not contributed to in over a year as I am no longer self-employed (I was a sole-proprietor). I recently read that I could potentially be in trouble (plan may be disqualified?) since I haven't closed the Keogh and rolled it over into an IRA.

Is it not possible to just leave the Keogh alone as long as I don't make any further contributions? It's going to grow (hopefully) tax deferred whether in an IRA or Keogh...why should the government care?

I am a California resident if that makes any difference.

THANK YOU!!!!
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