Showing posts with label IRA rollover rule. Show all posts
Showing posts with label IRA rollover rule. Show all posts

Wednesday, June 3, 2015

One and Done: What You Should Know About the IRA Rollover Rule Change

One and Done: What You Should Know About the IRA Rollover Rule Change


The Internal Revenue Service (IRS) has changed its position on the IRA (individual retirement account) rollover rule. Starting in 2015, it's "one and done"—the IRS limits people to one rollover in a 12-month span, no matter how many IRA accounts they own. They still may make unlimited trustee-to-trustee IRA transfers.