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Can additional funds be added to the Rollover IRA in the future?

April 26, 2017added additional funds future IRA rollover

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Can additional funds be added to the Rollover IRA in the future?

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Yes. An IRA owner can either make annual contributions to the IRA under normal IRA contribution rules or can make future IRA Rollovers to the IRA. Prior rules that prevented or discouraged commingling of rollover funds with non-rollover IRA amounts have been repealed. This information should not be used as a basis for legal and/or tax advice. In any specific case, the parties involved should seek the guidance and advice of their own legal and tax counsel.