How much interest can you make on retirement accounts for a rollover?
by 
The Curious Bag
ANSWERS: 1
-
According to the Internal Revenue Service (IRS), there is no limit on the amount you can rollover from one retirement account to another. However, if the retirement account party sends you a check directly, instead of rolling it over for you, and you only invest the amount of your basis, less interest, that interest could then be subject to income for federal tax purposes. The actual interest you make will depend on your account's interest rate and account balance.
Source:
RELATED QUESTIONS
Copyright 2023, Wired Ivy, LLC