IRAs From Start to Finish – Part 2: Rollovers and Transfers
So you think you know the difference between an IRA Rollover vs. IRA Transfer vs. QP Direct and Indirect Rollover? The “rollover” and “transfer” words are two of the most misused and abused terms in the IRA world. Not knowing the difference leads to misreporting to the IRS – which can result in unnecessary letters and bills to the customers