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

Limited Time Offer

25%

Off

Get Premium Series-7 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Charlene

5 hours ago

It's 60 days for sure!

upvoted 0 times

...

Chanel

5 days ago

I thought it was one year for some reason, but now I’m second-guessing myself. I should have reviewed that section more thoroughly.

upvoted 0 times

...

Catherin

11 days ago

I’m a bit confused. Was it 90 days or 60 days? I can’t recall the exact detail from my studies.

upvoted 0 times

...

Madalyn

16 days ago

I feel like I’ve seen a similar question before, and it was definitely 60 days. It’s a common rule for rollovers, right?

upvoted 0 times

...

Luis

2 months ago

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

upvoted 0 times

...