You can transfer a SIMPLE IRA to a Wealthfront IRA tax-free through a “trustee-to-trustee transfer” if it’s been at least two (2) years since your employer first contributed to your SIMPLE IRA.
If your SIMPLE IRA is less than two (2) years old, transferring the account will not be tax-free, and the firm that holds your SIMPLE IRA will likely reject the transfer altogether. Learn more about SIMPLE IRA transfers on the IRS website.
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