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Are Your Clients Being Put in a “Taxing” Situation?

All financial puns aside, have you been hearing rumblings about the IRS and their new “One-Rollover-Per-Year” rule? In case it hasn’t landed on your radar just yet, the new rules state that you can only make ONE rollover from an IRA to another (or the same) IRA in any 12-month period, regardless of how many IRA’s you actually own. What does this mean? Is there a difference between a “rollover” and a “transfer”? Does client receipt of the funds have any impact on this new rule? Luckily, this new rule is the topic of our latest “Zenith Insights”, featuring our own Chief Marketing Officer, Mike Pinkans.

Hopefully this has cleared up some of the more pressing questions about this new rule. However, if you have any other questions (on this topic or any others), our sales and advanced marketing teams are only a phone call away. Let us help you with you next big case – give us a call today!

One comment on “Are Your Clients Being Put in a “Taxing” Situation?

  1. You say “a very taxing time”, for the one rollover per year rule. Could you give details ?

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