An IRA is already an appealing retirement saving vehicle. Now, several provisions in recently enacted federal laws may make IRAs even more attractive.
Plan Beneficiaries.
Rolling over a distribution from your employer-sponsored retirement plan account to a traditional individual retirement account (IRA) isn’t difficult. Still, it’s easy to make a mistake that could cost you a chunk of your savings. Here are a few rollover “missteps” to avoid.
A Check Instead of a Transfer
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