Can I roll over my thrift savings plan and another employee sponsored 401k to a newly created traditional ira in the same year?

[Anonymous]

I want to roll over a 

TSP thrift saving plan

i401k 

employer sponsored 401k 

to a newly created IRA in the same year

and then do an IRA to a roth IRA conversion

all in the same year without penality,. Do I violate any of the rules for one roll over per year per the IRS?

[macuser_22]

No.  The one per year is for a distribution from an IRA and then rolled back into a IRA.   Rollovers from other types of retirement plans to an IRA and conversions do not count.

[dmertz]

The answer "No" is to the question, "Do I violate any rules."

However, if you are still working for any of these employers (or you are under age 59½ in the case of an individual 401(k)), you might be limited with regard to your eligibility to make distributions from the plan.

Also, you have the option to roll amounts from the traditional accounts in any of these plans directly to a Roth IRA rather than first rolling the money over to a traditional IRA.  If any of the money in any of the traditional accounts in these plans is after-tax, it would potentially be advantageous to roll the after-tax amount directly to a Roth IRA and the pre-tax money to a traditional IRA in a split rollover permitted under IRS Notice 2014-54.