{ "media_type": "text", "post_content": "🐠- I have received a check for lump sum pension payment. Am looking to deposit it into my Fidelity IRA account. The app prompts me to select deposit type as contribution or rollover (direct or 60 day). What should I be selecting? Also, is there any difference between depositing into a traditional IRA vs rollover IRA? Appreciate any guidance", "post_id": "60f7273d323d3700222f8af3", "reply_count": 1, "vote_count": 1, "bowl_id": "5b3f7377ab53db00136f7b4c", "bowl_name": "FIRE Financial Independence Retire Early" }

🐠- I have received a check for lump sum pension payment. Am looking to deposit it into my Fidelity IRA account. The app prompts me to select deposit type as contribution or rollover (direct or 60 day). What should I be selecting? Also, is there any difference between depositing into a traditional IRA vs rollover IRA? Appreciate any guidance

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Call them. You don’t want to screw it up. That said, rollover is what it sounds like.

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