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Hi all,
New fool here, just joined. I've already learned a bunch from my trial month so I signed up.

I'm about to consolidate/roll over my 4 pre-existing 401k's from previous jobs into a single IRA. Based on recommendations here at tmf, I'm looking to have the account set up at BrownCo. Filling out the forms I notice the choice of a traditional IRA, which was my original intention, and I also see a "Rollover IRA" listed.

What's a Rollover IRA mean in this case? and how is it different from a traditional IRA? (I've had some trouble searching for this answer on my own, since I always find info on roth vs. traditional and I already know that distinction.)

Also, I'd be glad to discuss my chice of BrownCo as a place to have the IRA. I plan to make very strighforward "Coffeehouse" investment choices along the lines of low-cost index funds such as Vanguard S&P 500 and total market index.

Thanks for any help,
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