TRANSFERS OF MONEY TO AN IRA

Transfers of money to an IRA from a pension plan.  There is a 60 day time period to transfer money from a company pension plan to an IRA.  If the transfer is not made within 60 days, the entire amount will be subject to income tax.  Added pitfall:  If you have not reached age 59 1/2, you will have to pay an additional 10% penalty.