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IRS 60 Day Rollover Retirement Plans

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IRS 60 Day Rollover Retirement Plans

The Internal Revenue Service today provided a self-certification procedure designed to help recipients of retirement plan distributions who inadvertently miss the 60-day time limit for properly rolling these amounts into another retirement plan or individual retirement arrangement (IRA). In Revenue Procedure 2016-47, posted today on IRS.gov, the IRS explained how eligible…
Ansari Law Firm
January 6, 2017