60 Day Rollover-Once Per Year Rule Day Count
When does the clock for the once-per-year rule start? Is it the day of the rollover initiation, or when the 60-day rollover is completed?
When does the clock for the once-per-year rule start? Is it the day of the rollover initiation, or when the 60-day rollover is completed?
Permalink Submitted by Alan - IRA critic on Wed, 2024-05-08 15:27
The one year clock begins on the date the distribution to be rolled over is received, not the date the rollover contribution is made.