Multiple Partial Rollovers within 60 days.

Answered by:

Question:

If an IRA accountholder took an IRA distribution this year and rolled only part of it back in, can they still roll the rest of it back in as long as they do it within the same 60 days?

Answer:

No. If the customer rolls over any part of the funds distributed back in within 60 days, the rest will be ineligible to be rolled back in unless done at the same time. This does not apply to funds coming from employer QPs.
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