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There are two ways to move an IRA. One is the rollover. The other sends the money directly to the new account and can be done numerous times in a year. What is this type of transfer called?

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Greetings, Landersj, and welcome. You asked:

<<There are two ways to move an IRA. One is the rollover. The other sends the money directly to the new account and can be done numerous times in a year. What is this type of transfer called?>>

The latter is called a direct transfer or a custodian-to-custodian transfer.

Regards..Pixy


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