Q: In the past, I twice rolled over employer plan account balances into two separate traditional IRAs. Now that I'm retiring for good, I'll once again be doing a rollover from my 401(k). Can I combine all three IRA rollover accounts into one account? C.T., Poughkeepsie, N.Y.
A: Yes. In fact, it's a smart move. Not only can you roll your money tax-free from an employer plan into an IRA, you can also use the rollover technique for IRA-to-IRA transfers. That means you can consolidate all your IRA funds into one account, which will help simplify your investment decisions and reduce your paperwork.