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Can I reinvest a check from 401 account to my IRA account and save paying taxes on it

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Can I reinvest a check from 401 account to my IRA account and save paying taxes on it

You have 60 days to rollover from your 401k into your IRA. As long as you are within that time period, you can. If taxes are withheld, you will need to also deposit that amount or it will be recorded as a distribution and be taxable.

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Can I reinvest a check from 401 account to my IRA account and save paying taxes on it

You have 60 days to rollover from your 401k into your IRA. As long as you are within that time period, you can. If taxes are withheld, you will need to also deposit that amount or it will be recorded as a distribution and be taxable.

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