3021972
How do you choose which retirement is considered to be a rollover when you left the funds in the same account after rettirement?
You'll need to sign in or create an account to connect with an expert.
A rollover is when you move the funds from one retirement account to another retirement account. If you left the funds in the same account, there is no rollover.
If you left the funds in your company pension account there was no rollover. If you transfer the money to your own IRA that would be a rollover.
If you left retirement funds in the same account you had before retirement, it is not a rollover until you move the funds into a new retirement account.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
ilenearg
Level 2
Kh52
Level 2
Kh52
Level 2
ilenearg
Level 2
turbosapper
Level 1
in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill