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What's a Direct Rollover contribution?
What's a Direct Rollover contribution?

A direct rollover is where your money is transferred directly from one retirement account to another. No money is withheld for taxes. An indirect rollover is where you essentially cash out your old retirement plan and re-invest the funds in a new plan in 60 days or less.


Please check with your plan administrator or a trusted tax professional to ensure you are completing an eligible rollover.  Webull cannot correct or alter any ineligible rollovers once the deposit has been made.  Please see the attached IRS rollover chart for reference.


https://www.irs.gov/pub/irs-tege/rollover_chart.pdf

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