If you’re looking to set up an IRA rollover account, you’re probably wondering how to accomplish this successfully, without incurring any unnecessary taxes and penalties. Luckily, the IRA rollover process isn’t as hard as it might seem. By understanding basic IRA rollover information, you can set up an IRA account that will enable you to build and grow your retirement savings. (more…)
Archive for the ‘Rollover IRA Account’ Category
Choosing an IRA Rollover Account Provider
Posted by admin on April 21st, 2010
If you’ve decided to perform an IRA rollover, you’ll obviously need to an IRA rollover account provider to receive the funds. But before you choose your provider, make sure you’ve considered all of the various types of accounts into which you can rollover your IRA, from a traditional IRA to a Roth IRA. Think about which rollover IRA account type makes the most sense for your short and long term financial goals. Made your decision? Great! Now it’s time to choose an account provider. (more…)
How to Transfer Funds to Your Rollover IRA Account
Posted by admin on April 16th, 2010
The best, most desirable option for transferring funds to your rollover IRA account is to request a transaction called a direct rollover. In this type of transaction, you begin with your rollover IRA account managers or trustees. Tell them you want a direct rollover of your IRA funds, using the exact phrase “direct rollover”. (more…)
