60 day rollover and direct rollover in same year
Hello,
I wanted to verify that you could do a direct rollover and 60 day r/o in the same year?
Many thanks,
Mike
Hello,
I wanted to verify that you could do a direct rollover and 60 day r/o in the same year?
Many thanks,
Mike
Permalink Submitted by Alan - IRA critic on Mon, 2021-04-12 18:00
Yes, direct rollovers and IRA to same type IRA direct transfers do not count against the one rollover limit, but the 60 day rollover will unless it is a Roth conversion.