Thank you Bill I appreciate your response. I applied for a Rollover IRA account with Datek tonight. I have sent an email to Datek asking them this question but that could take days to answer. Maybe you could help again.After I roll my account over to Datek, will this be the type of account that I can contribute to come tax time? My wife and I plan on each contributing $2k to a Roth IRA, would we also be able to contribute to this newly opened Rollover IRA?I also asked Datek this question. Can we open a Roth IRA jointly like our regular brokerage account and just send them the $4k or would this have to be two accounts.I would think one is possible (only makes sense) but the online Roth IRA application at Datek does not seem to have an option for joint account?Thanks again!
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