Question - is it REQUIRED that a separate account be established for EACH external rollover from another plan? Ignoring possible practical reasons for the moment, I don't find that this is a requirement - a separate account/accounting is required, but I don't see why multiple rollovers can't be deposited to that 1 account. The 5-year clock will be based upon the first deferral date among the various accounts rolled in.
Assuming it isn't a REQUIREMENT, there may be good, practical reasons to establish separate accounts. Thoughts on that, based either upon theory or practical experience?
Thanks.