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



That is correct, he can.



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