Inherited IRA
If a nonspouse beneficiary of an IRA transfers the assets from one provider to another, does he have a time period he has to wait (e.i. 12 months) before he could transfer assets again?
Don
If a nonspouse beneficiary of an IRA transfers the assets from one provider to another, does he have a time period he has to wait (e.i. 12 months) before he could transfer assets again?
Don
Permalink Submitted by Jose Morales on Thu, 2013-04-04 16:02
No, a trustee to trustee transfer is not subject to the “12 month rule” that applies to rollovers.