Indirect and Direct
Hello-
Can you do an indirect rollover and a direct rollover within a 12 month time frame?
Can you do an indirect rollover and a “transfer” within a 12 month time frame?
Thank you!
Hello-
Can you do an indirect rollover and a direct rollover within a 12 month time frame?
Can you do an indirect rollover and a “transfer” within a 12 month time frame?
Thank you!
Permalink Submitted by Alan - IRA critic on Mon, 2020-08-24 16:22
Yes, there is no limit for the number of direct rollovers or IRA to IRA transfers. The only transactions that are limited are indirect rollovers between IRAs of the same type (TIRA to TIRA or Roth IRA to Roth IRA).