repayment of a earlier roth withdrawal??
If I were making maximum allowed Roth contributions and made a nontaxable partial withdrawal of basis can I at a latter date repay this withdrawn amount or is this allowable contribution amount lost forever???
Permalink Submitted by Alan - IRA critic on Fri, 2013-08-16 00:49
You have 60 days to roll the distribution back to the Roth IRA if you took out a specific amount. On the other hand, if you asked for a return of all or part of a specific contribution (with allocated earnings), you can replace the contribution up to 4/15 of the year following the year the contribution applies to. Otherwise, there is no replacement.