The SECURE Act 2.0 now allows an employer to terminate a SIMPLE IRA and replace it with a safe harbor 401(k) mid-year. When circumstances change, the law no longer require the employer to wait until ...

The rollover is the most frequent IRA transaction, but most people do only a few rollovers during their lifetimes. Mistake are a result of this inexperience, leading to unnecessary taxes and penalties ...

A rollover IRA is an account you open to receive funds from another tax-advantaged account. In other words, a rollover IRA isn’t an account you open simply by itself. Rather, it’s a destination ...

If you take a distribution from your IRA, you must include the amount in your income unless an exception applies. One of the exceptions is a distribution that is rolled over within 60 days of receipt.

A reverse rollover is when you roll funds from an individual retirement account (IRA) into a 401k or other workplace retirement account. But before you can initiate a rollover — you first need to ...