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My question is about the one rollover per year rule. On the
My question is about the one rollover per year rule. On the IRS website it mentions the following:Beginning after January 1, 2015, you can make only one rollover from an IRA to another (or the same) I… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I recently changed jobs and rolled over my 401k to an IRA. I
I recently changed jobs and rolled over my 401k to an IRA. I had some money in a regular 401k and I had some money in a Roth401k. They sent two checks to my investment firm. I wanted both checks to be… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
39,182 satisfied customers
Again. It seems that I'll be paying taxes on the money
Hi, again. It seems that I'll be paying taxes on the money twice. Once for taking it out of the Deferred Compensation Plan and again later when I start taking the money out of the IRA. Is this correct… read more
Tax.appeal.168
Tax.appeal.168
Principal
6,438 satisfied customers
Sears closes local store and i lost my job. i closed my old
sears closes local store and i lost my job. i closed my old defined benifit pention and moved the money to an ira annuity. now i am moving my 401k money to an ira bank account. is thieir a problem ? … read more
Barbara
Barbara
Enrolled Agent, Paralegal
9,760 satisfied customers
In 2015 I left my job. At that time I had a Vanguard 401K
In 2015 I left my job. At that time I had a Vanguard 401K with about 30K. Roughly 18K of that amount was Roth funds because I had switched to Roth contributions while I was with that previous employer… read more
Mark Anderson
Mark Anderson
Attorney
Doctoral Degree
206 satisfied customers
I switched all my investment accounts mid-year from American
Second opinion] I switched all my investment accounts mid-year from American Funds to Charles Schwab --- IRA rollover, Roth, and individual investment accts. I have a 1099 from Schwab but nothing from… read more
Bill
Bill
Master's Degree
3,154 satisfied customers
Here goes... I have 2 sub accounts with Vanguard that are a
here goes... I have 2 sub accounts with Vanguard that are a mix of 401K rollovers (pre and post tax contributions) and IRA (post tax contributions that were declared as deductions on my annual income … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,816 satisfied customers
I am reading the threads on the GE VPA/PPA. What I am not
I am reading the threads on the GE VPA/PPA. What I am not seeing related to the after-tax nature of the contributions, is whether these funds are available for direct rollover to a ROTH IRA and the gr… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
3,816 satisfied customers
If i have a traditional ira account and and a rollover ira
if i have a traditional ira account and and a rollover ira account (from a401k which has never received contributions outside the 401k) and i combine the 2 accounts can i still roll the funds from the… read more
BK-CPA
BK-CPA
Bachelor's Degree
919 satisfied customers
taxpayer retired and took a retirement plan from employer,
taxpayer retired and took a retirement plan from employer, the payment was a lump sum rollover. the bank they went to with the rollover classed the traditional retirement funds as a roth ira. however … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
We have around $60000.00 in pension moey from a previous employer.
We have around $60000.00 in pension moey from a previous employer. They contacted us because they want to know what we want to do with it. (They are trying to get out from under pensions) Kump sum or … read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
Hello- Im trying to figure out a tax question. I have a: •
Hello- I'm trying to figure out a tax question. I have a: • ***** *****cock 401k: $182,000 • eTrade Roth IRA: $9,000 Question: I'm thinking of rolling over my ***** *****cock 401k into an IRA (I no lo… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
39,182 satisfied customers
I was trying to rollover a Roth IRA and filled out the papers
I was trying to rollover a Roth IRA and filled out the papers incorrectly and marked it as a Traditional IRA; the company then had me put it in an IRA then converted it to the Roth. This is not correc… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
17,888 satisfied customers
I rolled over the full amount of my 401K in 2009 of $3500 to
I rolled over the full amount of my 401K in 2009 of $3500 to a Dodge and Cox Traditional IRA, when I was terminated from that job. Later in 2010, never having added to the IRA any personal funds, I ha… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
I rolled my traditional IRA of 17K to a self directed Ira in
I rolled my traditional IRA of 17K to a self directed Ira in 2008 through this broker who said he was going to invest it in a arbitrage currency investment. The broker was involved with a ponzi scheme… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
Can I roll my Canadian RRSP plan into my US Roth plan & receive
Can I roll my Canadian RRSP plan into my US Roth plan & receive benefit of new tax law allowing IRA rollover? I am Canadian Citizen & US resident alien living in US and want to take advantage of new 2… read more
Bill
Bill
Master's Degree
3,154 satisfied customers
In 2006 my wife and I purchased a MINORITY share of a ...
In 2006 my wife and I purchased a MINORITY share of a privately held California S corporation. I took a Roth IRA withdrawl, in the form of a check made out directly to the seller of stock, to purchase… read more
Marvin,EA
Marvin,EA
Enrolled Agent
Bachelor's Degree
1,663 satisfied customers
I am 72 years old. On 9/15/06 I took a Distribution from my ...
I am 72 years old. On 9/15/06 I took a Distribution from my IRA in excess of my Required Minimum Distribution (RMD). Then on 1/26/07, I placed some of the excess Distribtion in a Roth IRA account. Sch… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
39,182 satisfied customers
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