Katie-P
Employee Tax Expert

[Event] Ask the Experts: Navigating Retirement Taxes

It is correct that the Tax Cuts and Jobs Act in 2017 eliminated conversion reversals, which is what I addressed in the first answer I provided. Your second question was about taking a distribution, then giving yourself 60 days to decide what to do. The TCJA did not eliminate that strategy. I am posting this for clarity's sake, as I do not want others to think that what I had advised was no longer allowed per your AI search.

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