« previous next »
Pages: 1

Author Topic: Co mingling ira funds  (Read 2074 times)

Allen

  • Stubble
  • **
  • Posts: 244
Co mingling ira funds
« on: July 07, 2014, 03:23:54 PM »
If I rolled a 401k into an ira, can I make more ira contributions to that account or should I open a different account to keep them separate?
Logged

grantmeaname

  • CM*MW 2023 Attendees
  • Walrus Stache
  • *
  • Posts: 5711
  • Age: 30
  • Location: Middle West
  • Cast me away from yesterday's things
Re: Co mingling ira funds
« Reply #1 on: July 07, 2014, 03:30:39 PM »
You can still make your $5500 to that account. They're both in your name, right?
Logged

Allen

  • Stubble
  • **
  • Posts: 244
Re: Co mingling ira funds
« Reply #2 on: July 07, 2014, 04:24:55 PM »
Yes sorry. All in my name. I can start adding to an existing ira even if it's a rollover then?  Didn't know if it had to be kept separate just because it was originally a 401k
Logged

grantmeaname

  • CM*MW 2023 Attendees
  • Walrus Stache
  • *
  • Posts: 5711
  • Age: 30
  • Location: Middle West
  • Cast me away from yesterday's things
Re: Co mingling ira funds
« Reply #3 on: July 07, 2014, 11:31:44 PM »
Nope, you can add to it in exactly the same way that you could add to an entirely new IRA if you opened one tomorrow.
Logged
Pages: 1
« previous next »
 

Wow, a phone plan for fifteen bucks!