If you plan to move funds between two of the same types of Individual Retirement Accounts (Traditional-to-Traditional or Roth-to-Roth IRA), you have two options: a direct IRA rollover or an indirect IRA rollover. Both options will generally produce the desired result of moving your IRA assets, however, one is risky (indirect IRA rollover) and should be avoided, if possible. For additional information, please see this article on the “Consequences of Ineligible IRA Rollovers”.
Articles in this section
- Choosing between a Traditional IRA and a Roth IRA
- Tax documents and reporting rules for IRA and 401(k)s
- What is an IRS Form 1099-R?
- What are the income limitations for IRA contributions?
- How much can I contribute to my IRA account?
- When must I take a required minimum distribution from my Traditional IRA?
- Are contributions to my Traditional IRA deductible?
- What is an IRS Form 5329?
- What is an IRS Form 8606?
- How do I choose an IRA beneficiary?