I have a 401K account with TRow Price and an IRA with Fidelity. For some reason TRow Price sent me a disbursement check t out of my 401K account though I am still within the contribution limits for the year 2025. I am actually happy to get that money because the options in TRow Price 401K portfolio sucks and I could put this money into IRA and can manage it more freely. I am still within the 60 day transfer period too.
I know that if the organizations themselves roll over the 401K directly into IRA automatically without any disbursements, there would not be any tax implications as well as no additional paper filing during filing the taxes. Even if I manually roll over this 401K disbursement check too into IRA within 60 days there would not be any tax implications. But if I do it manually, will there be any special paper/form to be filled during filing taxes or it would be like automatic one between organizations too?
Appreciate if you could clarify.
regards
