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Updated over 6 years ago,
IRA Transfer new account
Good morning all,
Question regarding transferring IRA from one firm, to another.
Since the account is a traditional and subject to tax, just wanted to make sure I am able to transfer within 60 days in order to avoid tax.
Does it matter if I transfer into a new IRA account?
Reason being is the current firm I have my money invested in is being managed by a financial adviser, which makes shifting money around in the account extremely difficult. I'm looking to self manage the account, which requires me to transfer.