Skip to main content
Level 3
December 24, 2022
Solved

60 day rollover timing

  • December 24, 2022
  • 2 replies
  • 0 views

I did a 60 day rollover in 2022. I received the funds in August and replaced them in October.  If I want to do another 60 day rollover next year, when will I be permitted to? After the October replacement date, or after the August withdrawal date? 

Best answer by dmertz

After the August withdrawal date.  The limitation period is defined relative to the date of the distribution, not the date of the rollover contribution.

2 replies

Level 15
December 24, 2022
dmertzAnswer
Level 15
December 24, 2022

After the August withdrawal date.  The limitation period is defined relative to the date of the distribution, not the date of the rollover contribution.

Level 3
December 24, 2022

Thank you! So, if the funds hit my account on, say 8/18/22, I would need to wait until at least 8/19/23? 

Level 15
December 24, 2022

Yes.