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Why tax-free IRA rollovers just became dangerous

June 1, 2014

An IRA is supposed to be a safe way to save for a secure retirement. But you’d better be careful!

You see, in a recent court case, a judge overturned a long-standing rule on IRA rollovers that turns them toxic unless you handle things the right way.

Make a mistake and you could be subject to income taxes, a 10% penalty, plus an additional 20% penalty!

Want to avoid a huge problem and stay on the right side of the law? Read my new article titled Tax Tips: Beware: Court Makes New Dangerous Law on IRA Rollovers.

Three ways our fact-filled article can help you:

  1. You’ll learn what happened in the astonishing Alvan Bobrow case. The judge’s ruling shocked Mr. Babrow and tax professionals around the country. Why? Because the judge overturned a 30-year-old rule! You’ll learn exactly what happened and how the ruling affects you when you read the full article.
  2. We’ll explain a risk-free method for transferring money between IRAs and other qualified retirement accounts. It’s really pretty easy and best of all, it’s 100% safe! Don’t miss the important information we’ve got waiting for you. You’ll get all the details when you read the full article.
  3. We’ll tell you about the new IRA Rollover limit. Because of the Bobrow case, you can only use the 60-day rollover method once per year for all your IRAs (taken in aggregate). We’ll explain this fully when you read the full article.

Filed Under: Featured Articles, Retirement, Tax Planning

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