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Finance → Retirement → Individual Retirement Accounts
ANSWERS: 1
  • Official Know-It-All
    An IRA transfer refers to the shifting of funds from one type of IRA account to another, equivalent account, such as between a SEP IRA, SIMPLE IRA and a traditional IRA or between a Roth IRA account and another Roth IRA account. The IRS does not limit these transfers or require them to be reported on taxes.

    Source:

    IRS: IRA Rules

    State Farm: What is a Transfer?

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