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IRA rollover

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IRA rollover
Reinvestment of a lump-sum distribution from an IRA when physical receipt of funds has been taken by the investor. The lump-sum distribution must be deposited in an IRA rollover account within 60 days of receipt to escape taxation. Compare IRA transfer.

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Regarding the Public Good IRA Rollover Act of 2007, it extends and broadens the current IRA Charitable Rollover, which allows people to make Charitable contributions directly from their IRAs without suffering adverse tax consequences.
These IRA rollover gifts could easily amount to $1 billion or more during 2006 and 2007, according to Federal Reserve surveys.
Also on the list are diversifying client communication, refreshing IRA rollover kits, growing by acquisition, partnering with certified public accountants and attorneys, and evolving one's practice to meet needs of baby boomers.
 
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