SIMPLE IRA rollovers
If someone is 61 and has participated in a SIMPLE IRA for over 5 yrs, can they now rollover the balance of the account into a traditional IRA?
They will then continue to participate in the SIMPLE IRA until they retire early next year at which time they will do a 2nd rollover of the balance.
Submitted by Robert Gibb on Mon, 2023-08-14 15:20