Once a year rollovers
I have been hearing a lot lately about rollovers being limited to once a year. I have two rollovers to take care of this week. I just left a job and that is the main 401k. The other one is an older smaller 401k from years past. Can I roll both of these in one calendar year into an IRA with no tax consequences?
Permalink Submitted by Jose Morales on Fri, 2015-06-12 16:17
The limit applies only to rollover between IRA accounts, the limit does not apply to rollovers from a 401K to an IRA.