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New Member
posted Feb 26, 2025 3:46:48 PM

I received a payout from an IRA and deposited the money into my daughter's IRA. DOes that still count as a rollover?

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1 Replies
Expert Alumni
Feb 26, 2025 3:50:24 PM

No, that is a distribution for you and a gift for your daughter. 

Your daughter would need to have earned income for the deposit that was made into her IRA.