A recent tax court case decision changed the interpretation of the “one-rollover-per-year” rule, resulting in more restrictions on IRA rollovers. Starting January 1, 2015, you can make only one rollover from an IRA to another (or the same) IRA per year, no matter how many IRAs you have. However, you are still allowed to make as many transfers from trustee to trustee as you want and as many rollovers from traditional IRAs to Roth IRAs (“conversions”) as you want. Read more
