401(k) accounts are individual -- your husband cannot roll his into yours.

He can roll the 401(k) into an IRA, even if you do have high income. He might not be able to contribute further to it, though, because of the income. I know of no income restrictions on rollovers.

You can't consolidate your accounts, but he can roll it over into an IRA at a brokerage like Fidelity, for example.

No, you cannot combine them, but you can open an account with a discount broker like charles squab who will handle your 401 k roll over account for free...I have two accounts sitting like that for the past 15 years and I havent been charged a dime...best of luck~!

He can roll it over into a IRA. The only option to get the money into your 401k account is to cash in the 401k (with penalties and taxes) and then contribute to your 401k - within the IRS limitations of 16,500 (or 22,000 if you are over 50) for the calendar year - this is not a good way to do it though and you're better either keeping the 401k separate or rolling it into a Roth.

For information on the limitations on Roths etc see:

http://www.themoneyalert.com/Retirement-Plan-Limit s.html

Thanks to all of you who have posted replies, and so fast! Looks like we will just have to let it sit where it is. Unless he can roll it over when he starts his next new job in 2 months, they are Military and don't have a 401k either, they have a pension. I can't believe that there are not more "portability" options out there for retirement accounts. As it stands I have a 401k, a pension from when I worked for a defense contractor as an hourly in the '80s, a small pension from the community college district, we both have a mutual fund, and my husband has his 401k and will soon have a pension. It is simply difficult to keep up with all of these through the years as we move around!

Anyway, thanks again for all the helpful advice!

I agree, it's a mess when you have a bunch of plans at different places. We've been able to somehow, as we've made job changes, move everything into one brokerage house---at least it's all in one place, although the accounts still have to be separate. It does simplify things a bit, though. (Be happy you have retirement savings---many people don't!)

He can roll it over to an IRA. I would recommend Fidelity. They have a large choice of funds.

You cannot roll his 401k into yours. Also, there is no such thing as anyone making too much money to contribute to an IRA. There are only limitations as to how much you can contribute to an IRA on an annual basis. Rolling a 401k into an IRA does not count as a contribution.

A 401(k) is an individual account and funds from one persons account cannot be rolled over into another persons account, regardless of whether they are husband and wife or not.

As others have said he could roll into an IRA but that doesn't seem to solve this issue since it only changes the location of the funds. Also, know that anyone can contribute to an IRA, it's just the tax deductible amount that is phased out based on income. The IRA would still earn tax deferred which is an advantage.

Portability and consolidation of retirement plans has been on the federal government's plate on and off again over the years, but nothing has been done. It is very complex when considering plans such as pensions so I really doubt we will see this change.

My suggestion is to be glad you have so many diversified sources of retirement income and keep a good list of where they are all at so you can keep track of them. You will never be able to consolidate them all until retirement, if you can take full distributions at that time. If you can't and have to take a payout in an annuity from a pension, then you are stuck with the current plan.