Q. I want to consolidate my IRAs in one place. Can I roll over a few IRAs and the retirement plans of previous employers to a Fidelity account this year? M.P.R., Eugene, OR
A. Yes. The tax law permits you to roll over funds tax-free from each qualified plan to an IRA within 60 days. Similarly, multiple rollovers can be made between IRAs.
Tip: Rollover amounts from qualified plans are subject to income tax withholding, unless you arrange a trustee-to trustee transfer.
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