Indirect 401k Rollover: Multiple deposits within 60 days?
If an individual does an indirect rollover from a 401k and immediately deposits the proceeds into a Traditional IRA, can they later deposit the portion withheld for taxes within 60 days of the distribution?
Permalink Submitted by David Mertz on Thu, 2019-12-12 20:46
Certainly. There is no restriction on the number of deposits needed to complete the indirect rollover as long as they are all completed by the 60-day rollover deadline.