Multiple Traditional IRAs and rollover accounts are treated as a single entity by the IRS under the aggregation rule. This means that when dealing with taxes or distributions, all Traditional IRA balances must be considered together. Keeping accurate records of these accounts is crucial for effective management.
Interested?
If you are interested in this item and have some questions, feel free send an inquiry.
Click Here
On the Go?
Scan our QR code and use your phone to access our catalog.
Next Phase Financial is a proud member of