Avoid IRA Rollover Tax Traps

Vasquez + Company LLP News Brief

Authored by Regina Prince

An IRA rollover is usually a tax-smart move if you leave your job. But you should be aware of certain federal tax pitfalls — and how to avoid them. In most situations, it's advisable to arrange direct transfers from company plans into IRAs. But there are some exceptions. Here's important information to consider if you're contemplating rolling over any sizable amount from your employer's qualified retirement plan(s).

Read the full news brief here.