Guest Carl C Posted July 31, 2000 Report Share Posted July 31, 2000 The company I work for initiated a SIMPLE IRA plan on August 4, 1998. Contributions had been made until January of this year, when an employee leasing firm took over as our employer. While the leasing firm couldn't continue with our existing SIMPLE IRA plan, they did recently start a 401K plan for us. I have a Traditional IRA, Roth IRA, and the new employee leasing firm 401K plan. I would like to move the funds from the SIMPLE IRA to any of the other vehicles. Can this be done, and if so, are their any tax consequences on moving the funds to one plan vs. another? I also heard that moving the SIMPLE IRA funds should be done after a certain date or holding period. Can anyone elaborate? Carl C. Link to comment Share on other sites More sharing options...
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