The Internal Revenue Service recently issued guidance clarifying the impact a 2014 IRA rollover has on the one-per-year limit imposed on tax-free rollovers between IRAs.
The clarification relates to a change, announced earlier this year, in the way the statutory one-per-year limit applies to rollovers between IRAs. The change in the application of the one-per-year limit precludes an individual from making more than one tax-free rollover in any one-year period, even if the