@robken1145 wrote:
Thanks.. But Covid doesn't come into play on this, since, it was during the covid 2020 distribution time.. The whole 66K was withdrawn during covid. April 2020, and was marked as Covid. I know the 55 thing doesn't come into play, but how about the covid 10% penalty free, since its the same money.
no, because a rollover is not a withdrawal. If you withdrew the money from the 401k and stuffed it under your mattress in 2020, then it might be eligible for the penalty exception if you had a COVID hardship. Because you rolled it over to an IRA, and then withdrew it in 2023, you follow the rules in effect for 2023.
