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Retirement tax questions
2. No reason to delay the rollover.
3. There is no early-distribution penalty because the distribution from the Roth IRA (assuming that it was done properly, which seems to be the case) is already a regular nontaxable distribution of contribution basis. A distribution of any part of the 2021 contribution after the due date of the 2021 tax return can only be a regular distribution.
March 27, 2024
6:29 PM