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jqwilson's avatar

Can I rollover a Keogh to an IRA?

Asked by jqwilson (5 points) | asked June 30th, 2008 | 5 responses | “Great Question” (0 points) | Flag as…

I have a Keogh pension plan.. about $175,000. I want to roll this over into a traditional IRA account. Can I do this and what are the tax considerations…if any?

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Answers

wildflower's avatar

Wow! I thought this question was something else entirely…...guess it’s not an Irish question!

wildflower (8155 points)“Great Answer” (1 points) Flag as…
Lightlyseared's avatar

Consult your independent financial advisor.

Lightlyseared (3635 points)“Great Answer” (0 points) Flag as…
jqwilson's avatar

That does not help.

jqwilson (5 points)“Great Answer” (0 points) Flag as…
Lightlyseared's avatar

Why not, they are much more likely to give you an accurate response for your particular set of circumstances than a random group of people on the Internet. Personally I think you should cash it in and try to spend us out of the recession.

Lightlyseared (3635 points)“Great Answer” (0 points) Flag as…
jqwilson's avatar

I haven’t yet put that much away.
I’m working on it.

jqwilson (5 points)“Great Answer” (0 points) Flag as…

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