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Can you roll over a terminating 401k into a SEP IRA ?

I have a 401k that is terminating due to the company being acquired and would like to roll it over into an existing SEP IRA.  Is that permitted?  All of the moneys in both are pre-tax contributions.

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2 Replies
RayW7
Expert Alumni

Can you roll over a terminating 401k into a SEP IRA ?

Retirement plans can be rolled over and consolidated into a SEP. This includes traditional IRAs, 401(k) plans, money purchase plans, profit sharing plans, defined benefit plans, 403(b) plans and Rollover IRAs.

 

A Roth IRA, or retirement accounts with after-tax contributions, cannot be rolled over into a SEP IRA.

 

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Can you roll over a terminating 401k into a SEP IRA ?

Thank you so much!

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