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.