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Posted by Arthur Kamlet on August 27, 2008, 8:52 pm
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>
>>spope33@speedymail.org (Steve Pope) writes:
>
>>
>>> I should probably ask these on the retirement plan forum
>>> but here goes:
>>>
>>> (1) Can a traditional 401(k) still with an ex-employer be
>>> rolled over into an existing Solo 401(k) (assuming the latter
>>> plan permits rollovers)?
>>
>>Yes.
>>
>>> (2) What about an IRA, all of whose funds had one time originated
>>> in a former employer's 401(k)? Can it roll into the solo 401(k)?
>>
>>Yes. (Though the solo 401(k) custodian can be very picky about it,
>>because if you screw up, you can blow the qualifiedness of your plan).
>
>Yes, I have thought about this. In the case at hand the TP
>has two IRA's, both of which can be shown to have originated
>in the mid-1990's as lump sums from an employer. What is less clear
>is if there is any prior documentation demonstrating those lump
>sums were from 401(k)'s,
A good clue is if the title of the IRA includes the phrase Rollover
or Conduit (for older rollovers).
But even that cannot guarantee that you did not co-mingle non-401k
funds into that IRA later. Which is why some employer plans will
not accept IRAs rolled back to them.
>although practically speaking there is not much else they could
>have been. So, the question is how much documentation is really
>enough.
--
ArtKamlet at a o l dot c o m Columbus OH K2PZH
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