rvle
Level 2

taking advantage of indirect rollver from 401K 60 days window

hello everyone,

 

My original 401K institution is making a check payable to my new institution with my name on it as FBO with 100% of the money (no tax withheld). So my question is, can I cash the check into my personal account and deposit the money later into the new institution within the allowed 60 days window? Appreciate any input!