When I received my IRA distribution, I held on it too long and didn't roll it over. Can I still put it into something and if so, what, to save me on the taxes?

nu2thissite · ‎April 1, 2020

macuser_22 · ‎April 1, 2020

After 60 days it cannot be rolled into any tax deferred account.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

ReginaM · ‎April 1, 2020

No, you only have 60 days to rollover these funds. Here is some information from the IRS in regards to your IRA distribution which should help you decide how to treat your IRS Regulations on Early Distributions.

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When I received my IRA distribution, I held on it too long and didn't roll it over. Can I still put it into something and if so, what, to save me on the taxes?