SIMPLE IRA transfer to Traditional IRA
Good evening Alan et al,
I have read through previous posts on this forum but wanted to confirm that nothing has changed with tax law.
My client has participated in a SIMPLE IRA plan with his employer for more than two years. Am I correct in telling him that he can transfer the ENTIRE account (including the funds that have been there less than two years) to a Traditional IRA?
Thank you,
Chris
Permalink Submitted by Alan - IRA critic on Wed, 2015-02-11 02:35
That is correct, he can.