On the Your Money, Your Wealth® podcast episode #211, Joe Anderson, CFP® and “Big Al” Clopine, CPA answer this question from Debbie in Missouri:

“Al, I decided after I turned 59 1/2 to move some of my money held in a traditional IRA with a fee-based financial planner, to Vanguard. I moved $30k. Then I converted 27k that into a Roth, so I know I will have to pay taxes on that. But then I moved another amount $90k from traditional to Vanguard traditional. On both of those moves, I drafted a letter and endorsed it over to vanguard as trustee to trustee because We live in sticks so could not get gold medallion transfer unless I opened up another investment account and I was not interested in that. I never put money in my personal bank account. Both transfers were done within days of receipt and well within 60-day rule. Query: Did I mess up with IRA one rollover per year rule or am I okay for both under 26 USC section 408(d)(3). If I deposit 15k into sep from my business, will that help reduce that tax?”

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