What is the time limit for making a rollover distribution?

In general, you must make the rollover contribution by the 60th day after the day you receive the distribution from your Traditional IRA or your employer’s plan. However, the IRS may waive the extension where the failure to do so would be against equity or good conscience, such as in the event of casualty, disaster, or other event beyond your reasonable control.

Please contact one of our IRA Experts at 800-472-0646 for more information.