New Rules for 60 Day Rollovers

September 10, 2016

New Rules for 60 Day Rollovers

Jim and Chris discuss new rules regarding 60 day rollovers and also answer questions from listeners. If you withdraw funds from an IRA to purchase additional service years in PERA (Public Employees Retirement Association), will those IRA funds be taxable? Are you subject to the Government Pension Offset (GPO) if you also contribute to the Federal Employees Retirement System (FERS)? How much can you contribute to an 401(k) in a calendar year?

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Jim Saulnier and Associates | 970-530-0556 | 506 East Mulberry Street, Fort Collins, Colorado 80524

Jim Saulnier, Registered Representative, Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC to residents of: CO, IA, IN, MA, NY, TN, TX, WI and WY. No offers may be made to or accepted from any resident outside the specific states mentioned. Jim Saulnier, Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Financial Planning services offered through Jim Saulnier and Associates, LLC., a Registered Investment Advisor. Cambridge and Jim Saulnier & Associates, LLC are not affiliated.