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Should I consolidate Rollover IRAs with Non-Rollover IRAs?


My accountant tells me that many years ago this would have been a terrible idea, but that now it doesn't really matter. I have some Rollover IRAs and Non-Rollover IRAs that I want to consolidate to help manage my investment strategies. Upon consolidation, they will all become Non-Rollover IRAs, and apparently the only downside is that they will need to be tracked separately if I ever roll the funds over into another employer sponsored plan.

Are there any other disadvantages? I really like the simplification of getting everything onto one account. Should I go ahead and do this?

Thanks.

Thanks for the link, but I don't understand the "seer or an oracle" comment...

Unless you are a seer or an oracle, and you already know what the future holds, you should keep the two seperate. Here's why:

http://www.buyandhold.com/bh/en/retireme...

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