60 Day Rollover
We have a client that wants to complete a rollover from his 401K to his IRA.
Once the funds are put into his IRA, he wants to take a distribution then take advantage of a 60-Day rollover and put the funds back into his IRA withing the 60 days.
Just checking to make sure this counts a one 60-day rollover, and he is able to do this.
Thank you.
Permalink Submitted by Pattie Gradl on Mon, 2024-12-09 12:39
Perfect. Thank you!