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Author: RJE9376 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19224  
Subject: Re: Handle own IRA Date: 4/5/2000 7:44 PM
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Thanks for the clarification, but I'm still a little confused. If she's receiving taxable distributions, they can't be "rolled" into any kind of retirement account. If she's not receiving taxable distributions, I don't understand the 5-year aspect. I'm also concerned about monthly "rollovers," because true rollovers are limited to one per 12 months. There are exceptions.

Could you provide some more clarification?



Yes, She could receive her retirement in the usual way, monthly payments, etc., or in larger sums over a certain number of years. She chose the five year option, that let her rollover all, or any portion tax free into an IRA account. Only the anount not rolled over is taxable. This is for real, that's the way it works.
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