Pension Rollover

Atenenb — Wed, 11 Feb 2026 05:04:24 GMT

I have pension income 2023 that I received monthly. Can I still roll this over to an IRA in a lump sum without a penalty so that it doesn't count as 2023 income.

Re: Pension Rollover

RobertB4444 — Thu, 28 Mar 2024 22:46:41 GMT

No, this has already been distributed to you and reported as income to the IRS. In order to do a rollover from your pension to an IRA it should be sent directly from the pension provider to the IRA. But if it is issued to you you have 60 days to deposit it into an IRA. More than 60 days has passed since the end of 2023 already so you can't do a rollover of any of 2023s distributions.

@Atenenb

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Pension Rollover

Re: Pension Rollover