Hello,

Client is leaving her employment and has a 401k Plan with them.

Client currently has 3 Rollover IRAs – 1 of which has charities as beneficiaries. The other 2 could be consolidated but client never desired to.

Just wanting to confirm that this old 401k Plan may be rolled into one of the existing Rollover IRAs (one of the 2 she will be doing since the 3rd has charities as beneficiaries and she doesn’t want to add to that one) – and it’s not necessary/there is no reason to establish another Rollover IRA if the beneficiaries are going to be the same as the other 2.

Please advise. Thank you.

Jason