bjryman
New Member

Retirement tax questions

OK, Thanks

It seems to me that Chase Bank gave me incomplete guidance when I opened the new IRA regarding how to retrieve the Taxes paid.  I was only encouraged to use the next Tax reporting cycle to recover the funds.  
It now seems that what I should have done was opened a line of credit with Chase, used it to fund the balance of the rollover and then report a full rollover during Tax reporting.
Nice