Ask Terry Questions IRA transfer

IRA transfer

By Terry Savage on April 25, 2023 | Investments

How many days do I have to take money from an IRA and move it to a new IRA? Or do I have to directly transfer from one IRA to another? Do I need to file any form to let government know I am doing so? Thank you.

Terry Says

You have 60 days to move money to a new IRA. But if it’s just because you want a new investment, I suggest a direct rollover.
Read this: https://www.terrysavage.com/rollover-now/

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