Ruling to Remember: 60-Day IRA Rollover Requirement
In this month's Ruling to Remember, we take a look at Private Letter Ruling 201339002, submitted in late September 2012 as a waiver request to the 60-day IRA rollover requirement.
60-day IRA rollover window
Roth IRA 60-Day Rollover Rules
Many times we get the question “Do the 60-day rollover rules apply to Roth IRAs?” The answer is, yes. We explain why in detail below.
The Price of Procrastination: What Happens When You Miss the 60-Day IRA Rollover Window
When it comes to moving retirement account money from one IRA (or other eligible retirement account) to another, Congress has given you a couple of options. On one hand, you can have the money sent right from one institution to another. This is known as a trustee-to-trustee transfer, or a direct rollover, and is the preferred way to move money, as it avoids a lot of problems. On the other hand, Congress also allows you to move money indirectly. Click for more information.
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