Yes, you can transfer the fund from the employer-sponsored retirement plan to your SIMPLE IRA account. However, you will need to complete a minimum of two years of a contribution period to transfer the funds from one retirement plan to another.
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I have a retirement fund in an employer-sponsored retirement plan. Will it be possible to transfer the fund from that plan to my SIMPLE IRA account?
I have a retirement fund in an employer-sponsored retirement plan. Will it be possible to transfer the fund from that plan to my SIMPLE IRA account?
Last updated on Sep 17, 2024