Just a heads up for our clients and friends. From the Journal of - TopicsExpress

Just a heads up for our clients and friends. From the Journal of Accountancy: The Internal Revenue Service formalized a new interpretation of the one-rollover-per-year rule for IRAs by withdrawing proposed regulations from 1981 that had allowed taxpayers with multiple IRAs to make one rollover per year from each IRA. Starting in 2015, taxpayers will only be able to make one rollover per year no matter how many IRAs they own.

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