Go one penny over this amount and a report must be filed (currency transaction report). If you deposit checks or have the money wired in or direct deposited there is no form. It is for CASH only, going in or out of the bank.
The short answer is that yes, you can roll the funds from a traditional IRA into a 401(k) as long as the 401(k) plan allows it.The same goes for doing a rollover into a 403(b). The slightly longer answer is that you can only roll over tax deductible contributions and earnings.he short answer is that yes, you can roll the funds from a traditional IRA into a 401(k) as long as the 401(k) plan allows it. The same goes for doing a rollover into a 403(b).
They can be a good idea for using some of your 401K/IRA funds for real estate as long as you understand real estate (long-term investments), real estate values and dealing with tenants if it's residential. (My husband and I are due to close on one tomorrow-really!).f you're using your 401k after you retired or as a loan yes. The rules are not specific so as long as you make sure you pay them back they won't seize your rental property or real estate. I'm assuming they are going to find out what you are spending your money on.