The No. 1 fatal error that will end your IRA

The tax rules that apply when you attempt to roll over your IRA funds are all complicated, and some are rigid and unforgiving. So, violating one of those rules can be fatal, and costly. 

There are no do-overs. These errors cannot be fixed, so you must be extremely careful when moving your IRA funds.

One particularly insidious rule limits the number of IRA rollovers you can do. 

Say you’d like to move your IRA funds from one account at a bank, broker or fund company to another, or from one financial adviser to another.