I'm in the process of moving my investments to Vanguard. One of my IRA's has been set up for a 72T SEPP. The Vanguard folks told me that they took no responsibility for any tax problems from the move. Has anyone moved an IRA like this? Since it's not a move, but a exit and restart with the new company, ie account change, does the IRS treat it like a disqualification and will I owe penalties since I won't have satisfied the 5 year/59.5 age max time requirement?
Is there any special way to make the move? I don't think I want to leave the IRA in place - it actually is pretty small, and just an $8K withdrawal/yearly.
Is there any special way to make the move? I don't think I want to leave the IRA in place - it actually is pretty small, and just an $8K withdrawal/yearly.