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Retirement tax questions
@parisrosaries wrote:
Thank you for explaining, I always get a little confused! To clarify, are there any tax implications for rolling over another pre-tax 401k into the same IRA?
Thanks again!
Any traditional IRA (pre-tax) can receive rollover funds from a pre-tax 401(k) or from another pre-tax IRA without tax consequences.
When you roll over workplace funds into an IRA, it is not necessary to keep funds from different workplaces in separate IRAs.
‎August 16, 2022
9:58 AM