Bob Brinker's Marketimer

  Sunday September 23, 2018

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ROLLOVERS
Learn even more about this topic with the Encyclopedia of Personal Finance™

Rollovers may take place without tax consequences in four ways:

? They are rolled over to other children in the same family.

? If rolled over into new investments, they are for the same beneficiary.

? They are rolled over to the children of the original beneficiary.

? They are rolled over within 60 days.

Any amount may be rolled over.

This concludes our look at the educational IRA. The next one we will study is another recent one?the SIMPLE IRA.




LEARN EVEN MORE WITH THE ENCYCLOPEDIA OF PERSONAL FINANCE. CLICK HERE!

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