Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Change the way in which an IRA is held (https://www.askmehelpdesk.com/showthread.php?t=474286)

  • May 28, 2010, 12:08 PM
    Sweet Indigo
    Change the way in which an IRA is held
    I am 66 and would like to change the way from which my IRA is held (me as an individual) to me as trustee of my trust. I plan to roll over my 401(k) into the same IRA. Can this be done without tax consequences? Thanks for any help.
  • May 28, 2010, 12:31 PM
    AtlantaTaxExpert
    This is a rather complex tax question that cannot be adequately answered on this type of forum, because the tax consultant has to know ALL aspects of your financial situation in order to provide accurate advice.

    For this reason, seek out a local, qualified tax professional (CPA or enrolled agent) and have a face-to-face meeting. He will probably charge you for the visit, but it is money well spent.

  • All times are GMT -7. The time now is 10:58 PM.