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Author: dackerson Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121599  
Subject: Rollover IRA contributions Date: 1/22/2002 8:43 PM
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In 2000, I set up a Rollover IRA with a lump sum distribution from my employer's defined benefit pension plan (I was an employee long enough to have a vested balance in the plan). In 2001, I again changed jobs, and rolled over the 401(k) balance from this employer into the same rollover IRA. I understand that beginning in 2002, I am allowed to commingle balances from different sources into the same rollover IRA and then transfer the balance to a 401(k) plan at a new employer.

Here are my questions:

1. Does the fact that I commingled a defined benefit pension plan rollover and a 401(k) rollover into the same rollover IRA account prior to 2002 prevent me from rolling this balance into a qualified plan (e.g. 401(k)) in the future?

2. If the answer to #1 is no, can I make my normal annual contributions to the rollover IRA beginning in 2002 and still roll the balance into an employer's qualified plan at some point in the future?

Thanks for your help.
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