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"IRA account that was established when I was released from a job over twenty years ago. It was company stock. I transferred it into an IRA account and sold the stock. I never paid taxes on the stock, or any gains since then."

Since it is an IRA,no taxes were due. You will pay taxes when you take the money out.

"The second account is a 401 K account from a previous employer."


"My question is whether I can combine the accounts now so that I won't have to withdraw money from them both that I may not need when I will be required to withdraw funds"

Unless the particulars of your ex-employer's 401K are such that you can't, you certainly could combine the two. When the time comes to withdraw funds from IRAs, incidentally, it makes no difference whether you have one IRA or 20; you will list the value of each of them as of December 31 of the previous year, calculate the amount you must withdraw, and take distribution in any combination of your IRAs that you choose. All from one, a little from each, just from the poorest performing, whatever choice you make.
Your next step is to tell the custodian of the old 401k that you would like to do a rollover into your IRA, if this is the case, and await instructions.
Good luck! Chris
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