"Mr. Smith came up with another idea: Roll the I.R.A. over to a different institution. That worked. Mr. Heitin now had $834,000 in the new I.R.A., which he empt

"Mr. Smith came up with another idea: Roll the I.R.A. over to a different institution. That worked. Mr. Heitin now had $834,000 in the new I.R.A., which he emptied in under two weeks, with no questions asked by the new provider, and moved the money into bank accounts." bitsaboutmoney wrote an article about this issue recently. I had no idea there was so little verification in these types of cases. https://www.bitsaboutmoney.com/archive/how-acats-transfers-work/ https://www.bitsaboutmoney.com/archive/how-acats-transfers-w...