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Avoid 60-day IRA/401k rollovers! They’re risky; missed deadlines trigger taxes and penalties. Plan direct transfers instead for safer retirement savings.

Avoid 60-day IRA/401k rollovers! They’re risky; missed deadlines trigger taxes and penalties. Plan direct transfers instead for safer retirement savings.

[ad_2] Don't Do It! Why a 60-Day IRA/401(k) Rollover is a Last Resort The phrase "rollover" in the world of retirement accounts often conjures up images of smart financial planning. But there's a specific type of rollover, the 60-day rollover, that you should actively avoid if possible. Why?...

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