What are IRA rollovers - What is an IRA rollover? 1-800-566-1002 What are the best types of ira rollovers and learn how you can avoid the most common mistakes that individuals have made when looking to set up an ira rollover. What is the best IRA rollover IRA rollover is a process by which an individual can move money from one individual retirement account (IRA) to another. This can be done to take advantage of better investment options, lower fees, or to consolidate accounts. There are two main types of IRA rollovers: Direct rollovers and indirect rollovers. A direct rollover is when the money is transferred directly from one IRA to another, without the individual taking possession of the funds. This is the most common type of rollover and is the easiest to do, as it is not subject to taxes or penalties. completing an IRA rollover It is important to keep in mind that there is a limit on the number of rollovers that can be completed in a given year. For traditional a
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)