Can I deposit check meant for Rollover IRA into a Traditional IRA?
Can I deposit check meant for Rollover IRA into a Traditional IRA? I would like to rollover my 401k into a Traditional IRA. But my custodian isn't allowing that and instead issued a check meant to be deposited into a Rollover IRA account. Since both Rollover IRA and Traditional IRAs are taxable, can I deposit the check into a Traditional IRA account for my new custodian?
submitted by /u/funceval ...