Two part question:
1. I am inheriting a ROTH IRA from my father who died at age 87. Can I roll the inherited ROTH IRA directly into my own existing ROTH IRA?
2. The ROTH IRA I am inheriting from my father was converted from a regular IRA only two years ago. Is the 5 year rule an issue for me? If so, what is the consequence?
1. I am inheriting a ROTH IRA from my father who died at age 87. Can I roll the inherited ROTH IRA directly into my own existing ROTH IRA?
2. The ROTH IRA I am inheriting from my father was converted from a regular IRA only two years ago. Is the 5 year rule an issue for me? If so, what is the consequence?
