dmertz
Level 15

Retirement tax questions

If only one of these was an IRA-to-IRA rollover, yes, you are permitted to do both rollovers.  Rollovers to or from a 401(k) are not subject to the one-per-year limit.  That limit only applies to the total of traditional IRA-to-traditional IRA rollovers and Roth IRA-to-Roth IRA rollovers.