Keep in mind that if you take an IRA distribution there is a 10% default federal withholding rate unless you specifically decline withholding, which you would ordinarily do if you are planning to roll all or most of it back to your IRA.
If you roll over any distribution back to the same type IRA, you cannot do another 60 day rollover of a future distribution for the next 12 months.
If you roll over any distribution back to the same type IRA, you cannot do another 60 day rollover of a future distribution for the next 12 months.
Statistics: Posted by Alan S. — Tue Feb 27, 2024 4:26 pm — Replies 8 — Views 401