IRA, or Individual Retirement Account, is a type of retirement savings fund which employed individuals and their spouses are allowed to make contributions into. The Traditional and Roth IRAs are the most popular IRA plans available. The IRS, or Internal Revenue Services, has established different rules and regulations for each of these IRA plans.
Before you start your IRA rollover, it’s important the make sure you are within the current IRA rules and regulations to help you avoid any unnecessary fees and penalties that may occur.