A new, taxpayer-unfriendly rule regarding IRA rollovers took effect as the calendar rolled over to a new year. Starting on Jan. 1, 2015, if an IRA rollover occurs from one IRA, the IRA owner can’t do another rollover from any IRA for a 12-month period. To give you some perspective, let’s look at what’s changed and what it means for IRA owners.
Read the rest of IRA Rollovers: New Year, New Rule to find out what’s changed.
Tom Rowley is Invesco’s Director of Retirement Business Strategy.
Invesco Distributors, Inc. 01/15
