Finra Series-7 Exam - Topic 3 Question 126 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 126
Topic #: 3

A tax-free rollover of assets between qualified retirement plans for the benefit of a specific individual is permitted so long as it is accomplished within:

A30 days

B60 days

C90 days

Done year

Show Suggested Answer

Suggested Answer: B

60 days. ERISA permits 60 days for rollovers.

by Donette at May 14, 2026, 05:50 AM

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Luis

16 days ago

I think the answer might be 60 days, but I’m not completely sure. I remember something about that timeframe from my notes.

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