dmertz
Level 15

Retirement tax questions

However, if the check is made out to a financial institution for the benefit of a Roth account at that institution (or perhaps simply to a Roth IRA for your benefit), rather than being made out to you personally, it is a direct rollover and the 60-day window does not apply.  You must complete the direct rollover by forwarding the check to that financial institution.  You cannot cash such a check yourself.