restoring to Roth when a beneficiary spouse requested a full death distribution from her deceased husband’s Roth IRA
If the wife (primary beneficiary at 100%, age 74) already requested a full death distribution from her recently deceased husband’s (age 78) Roth IRA, what options does she have for keeping the money invested under Roth status? Can she deposit the check in her own Roth account within 60 days? Redeposit the money into her deceased husband’s Roth account from which the payment came? Please advise. Thank you.
Permalink Submitted by Alan - IRA critic on Wed, 2020-09-30 14:39
She has 60 days to roll over the distribution into her own Roth IRA. She cannot do a 60 day rollover into an inherited IRA. When was husband’s Roth first opened, and does she also have a Roth of her own? Hopefully, she is not blocked out by the one rollover limit per 12 months.