Can I Rollover My Existing IRA?

Can I Rollover My Existing IRA?

There are many reasons why you might want to move your retirement funds from one institution to another, through an IRA to IRA rollover, including better service, increased investment options, and enhanced returns. If you have a number of IRAs, you can roll over funds...
The 60 Day Rule

The 60 Day Rule

If you want to make a tax free rollover, you must complete the rollover within 60 days of receiving the funds in question from the existing IRA. It is important to note that the window is sixty days and not 2 months. If you fail to complete the rollover, the...
The 1 Year Waiting Rule

The 1 Year Waiting Rule

Once you distribute the assets of one IRA and then rollover a portion of those assets to another IRA, you cannot make another tax free rollover for a year. However, this rule does not apply if you want to rollover eligible funds from an employer’s plan. This therefore...
The Same Property Rule

The Same Property Rule

You cannot take the assets from your existing IRA and then use them to purchase other assets and then purport to rollover those new assets into the same or new IRA. Simply put, for any rollover to stand, it must be made up of the same assets/property. Any portion of...
What is Gold Investing?

What is Gold Investing?

Gold investing refers to investing in precious metals such as gold. You will purchase the physical form of the gold and have it stored in a bank or depository. It’s designed to act as protection for the portfolio and allow for growth if the asset continues to...