IRA Rollovers
Client is 67 yrs. old. Question is: Can 2 separate distributions for a total of $500k from a qualified IRA on different dates within one 60-day Period be put back into a newly-created IRA Rollover account which initially was set up to accommodate a return of the 1st distribution for $350k ?
Permalink Submitted by Jose Morales on Wed, 2015-04-01 15:48
No, only one distribution is eligible for rollover within a 12 month period.