Excess RMDs
My client mistakenly took two RMDs. She wants to put one back. Is it OK to do a rollover back to the same IRA account (within 60 days(?
My client mistakenly took two RMDs. She wants to put one back. Is it OK to do a rollover back to the same IRA account (within 60 days(?
Permalink Submitted by Alan - IRA critic on Tue, 2019-12-03 19:06
Yes, as long as the rollover does not violate the one rollover per 12 month limitation.