IRA withdrawl and once a year rollover rule
If I need money from a rollover IRA and take it via a personal rollover because other methods will not apply if I put it back in prior to 60 days to avoid tax consequences is that still just one rollover or two that will violate the once a year rollover rule?
SC
Permalink Submitted by Alan - IRA critic on Tue, 2015-03-31 21:26
It is one rollover. A rollover is measured by the distribution, not the contribution back to the IRA.