Can I rollover a "Rollover IRA" into a SEP-IRA?

I want to consolidate my investment accounts into one for easier tracking, by moving all my Rollover IRA accounts into my SEP-IRA. Can this be done, and what are the disadvantages?

I'm going to see an accountant next week, but I want an answer ahead of time so I can keep our meeting short :)

You can move all your IRA assets into one account. There are no disadvantages, assuming you are keeping your assets and not withdrawing them early.

The new account will not be a SEP IRA account, it will be a generic IRA account. Your custodian will probably create a separate bucket for the new money, which is a good idea from an accounting standpoint.

Yes....you can combine

You can move a SEP IRA into a Rollover IRA. Not vice versa. There is no benefit of combining the two from a tax liability perspective. From an accounting/tax/IRS record, you should keep it separate.
If they are with two separate custodians, the thing to do would be to move the accounts under one custodian like Schwab. That way you get the benefit of having one solid relationship with a reputable company. Less ppwk, less signons on different websites etc. more benefits for housing more assets with the same company.

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