ThomasM125
Expert Alumni

Retirement tax questions

Since the error was made by the financial institution that was holding the investment, you may qualify for an exemption to the 60 day rollover requirement. This would entail making a written self-certification to the plan administrator. You can read more about the requirements under IRS revenue procedure 2016-47 here:

 

https://www.irs.gov/pub/irs-drop/rp-16-47.pdf

 

 

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