When you do an IRA transfer, you're effectively moving your money between two similar accounts, so from an IRA account into another. For instance, you may decide to move your IRA from Firm A to an IRA account with Firm B. In this case, the account type doesn't change but theinstituti...
For those over 50,SIMPLE IRAor SIMPLE 401(k) plans may permit catch-up contributions up to$3,000.You can also make catch-up contributions of up to$1,000to your Traditional or Roth IRA. Catch-up contributions to an IRA are due by the due date of your tax return (not including extens...
· Requiring IRA trustees to report the RMD amount to IRA owners, or to calculate it for the owners on request, but not report the RMD amount to the IRS. The first report will be due January 31, 2003, alerting IRA owners to the distribution they must take for 2003. Starting in 2004,...