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Common IRA Rollover Mistakes

Common IRA Rollover Mistakes

Have you thought about rolling your traditional IRA from one financial institution to another? If you roll over your traditional IRA, there are some common mistakes you should avoid. “IRA rules can be tricky and some have even changed over the years, so you need to be careful, otherwise you could pay income tax and penalties,” said Dan Stewart, CFA®, president, Revere Asset Management, Inc., in Dallas, Texas.