Indirect Rollover
Gold IRA Glossary
A rollover where the retirement plan or IRA pays the money to you first, and you then deposit it into another retirement account. You have 60 days to complete the deposit, or the amount is treated as a taxable distribution, and you are limited to one indirect IRA-to-IRA rollover in any 12-month period. Because of these risks, direct rollovers and trustee-to-trustee transfers are generally simpler.
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