Is there a maximum IRA transfer or rollover?
In most cases there is no limit on the amount you may transfer or roll over into an IRA because you are simply moving the money from one type of retirement plan to another. You may transfer or roll over your IRA regardless of your age. However, if you are 70½ or older, you must receive a minimum required distribution from your IRA each year. This should be taken into account in planning your rollover.
In most cases there is no limit on the amount one may transfer or roll over into an IRA because you are simply moving the money from one type of retirement plan to another. You may transfer or roll over an IRA regardless of age. However, if the client is 70 or older, they must receive a minimum required distribution from their IRA each year. This should be taken into account in planning their rollover.
