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Q. What is an IRA Rollover or Conversion? When do I need to do this?
A. A rollover is when you move a qualified plan or another IRA into a rollover
IRA. You can only do one (1) rollover every twelve months. You can do as many
trustee-to-trustee transfers as you want per year. A trustee- to-trustee transfer is
where your current plan sends the money or assets to another rollover plan. You should
have a competent advisor help you with this type of transaction.
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I’m ready to get started with an IRA,