FINRA Series 7

Category - Series 7

A tax-free rollover of assets between qualified retirement plans for the benefit of a specific individual is permitted so long as it is accomplished within:
  1. 30 days
  2. 60 days
  3. 90 days
  4. one year
Explanation
Answer: B - 60 days. ERISA permits 60 days for rollovers.
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