Thanks.
This leads to more questions regarding a Roth IRA. Right now I have four different Roth IRAs. I have the original IRA I started back in the mid-2000s (account 1). My employer at the time offered allowed after-tax contributions to a 401-K, and when I was laid off I rolled the before tax contributions to a pre-tax 401-K and the after-tax contributions to a Roth (account 2). My new employer allowed before and after-tax contributions to their 401-K. This new (and current) employer allowed in-service distributions, so I rolled the after-tax contributions to a Roth (Account 3) . Then two years ago, my current employer began offering a Roth 401-K as well as a conventional. I split my money between Roth and conventional 401-Ks. This year I rolled my Roth 401-K money into a Roth IRA (account 4).
I don't know why Fidelity opened a new account for the Roth 401-K money, rather than rolling it into the Roth IRA account that had the after-tax company savings plan money. Was it for keeping the basis separate?
I would like to combine all four accounts into a Roth? Can I do that? If so, what would be considered the start date for the 5 year rule? Account 1 was started close to 20 years ago, one is almost 5 years old, the other two are one and two years old.
I'm 67 and my wife wants us to consider having a professional manage out accounts.
