Guest Thornton Posted February 22, 1999 Report Share Posted February 22, 1999 A self-employed individual started an IRA when he was young, went to a SEP as his practice grew and finally set up MPP and p/s plans. Things are slowing down now, and he would like to consolidate everything into a single plan, the SEP. I assume that the IRA can be rolled into the SEP. I can find nothing that prevents the qualified plans from being terminated and the proceeds rolled into the SEP. However, the client has been advised by another consultant that rollovers from the qualified plans to SEP's are not permitted. The client is not concerned about losing the ability to re-roll back to a qualified plan. Am I missing something? Link to comment Share on other sites More sharing options...
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