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Financial Planning / Tax Strategies


Subject:  Re: Someone told me... Date:  4/4/2011  11:11 PM
Author:  vkg Number:  112975 of 127549

A rollover from an IRA or 401K to an IRA or 401K is not taxed. It isn't clear what she is doing, but it is unlikely to be correct. She should see a tax professional.

If the rollover is non-trustee-to-trustee, only one rollover can be done in a year. It is possible that she is taking a distribution (to minimize fees) of the funds and there could be withholding.
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