IRA Transfer-how many per year?
Can a person transfer their IRA multiple times in one year. I think I’ve heard that you can only roll-over once in a 12 month period, but can transfer as often as you like. Is my understanding correct? Thanks very much!
Permalink Submitted by mk foss on Thu, 2012-06-14 21:26
Transfers can occur an unlimited times per year. The 60-day rule is only for rollovers. If a transfer takes more than 60 days, it’s also not a problem.