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Financial Planning / Tax Strategies


Subject:  Re: Someone told me... Date:  4/5/2011  8:13 AM
Author:  JeanDavid Number:  112982 of 127745

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.

I am sure you are right at the Federal level. I think she is saying this is a State of New Jersey thing. I already suggested she see a tax professional, but she is too cheap to do that. As a practical matter, I wash my hands of this.
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