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Which of the following is true of a rollover IRA? A) There is no legal limit on the amount of money that can be rolled
Which of the following is true of a rollover IRA? A) There is no legal limit on the amount of money that can be rolled over. B) The entire distribution from a retirement account must be rolled over for any of the distribution to escape income taxes and penalties. C) Rolling a traditional IRA into a Roth IRA counts as an IRA rollover under the Bobrow Rule. D) Rollover money from a SEP or SIMPLE IRA has limited creditor protection if the account is very large
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