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rem50: "I will retire july 2000. I plan to rollover my lump sum pension and the pre-tax portion of my 401k into a self directed IRA at my online broker. The after-tax portion if my 401k will go into my brokerage account.
I presently have a Roth IRA with my broker.....can I roll it into my Roth, or must I open a traditional IRA.
If I can use the Roth, are the SEPP rules the same??
Am I missing something?? Thanks for your time."


Your rollover must stop temporarily in a traditional IRA, and then, if you elect, be converted to a Roth IRA (and incur the income recognition and tax liability associated therewith). You can go directly into the Roth IRA. I am certain that one of the other posters can cite chpater and verse, if you need it.

I beleive that the SEPP rules are the same, but I am certain that one of the other posters can speak more definitively to this issue.

Regards, JAFO
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