Can you roll an old 401k into a SEP?
Client has an old 401k from a previous job and wants to roll it into her existing SEP. Is that a good idea? Or is it better to rollover the 401k into a traditional and keep the SEP separate?
Client has an old 401k from a previous job and wants to roll it into her existing SEP. Is that a good idea? Or is it better to rollover the 401k into a traditional and keep the SEP separate?
Permalink Submitted by Alan - IRA critic on Thu, 2018-01-25 04:43
There could be creditor protection and portability limitations if the accounts are combined, but again they may not apply to this client. The benefit of combining is limited to simplicity of having the single account.