I have an IRA CD with Bank of America and it matured on 3/29/2024 and auto renewed with new maturity date 3/29/2025. I want to rollover to an existing Traditional IRA with Vanguard or open a new one with Fidelity.
1) What are all possible option to rollover without any tax implication?
2) Are there any option available to rollover from Bank of America to Vanguard as direct transfer without withdrawal?
3) What bank of america send a check with my name directly to me ? In this case what would be the grace period to deposit the check in the existing traditional IRA without any penalty or tax?
please advise.
original posted by Obvious_Tell_9862 to r/personalfinance on Sat, 06 Apr 2024 15:46:36 GMT.