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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. 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: |
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