60-Day Rollovers: Just One per Year per Customer, Please
Submitted by Mallery Financial on July 22nd, 2015Need a little cash from your Individual Retirement Account (IRA)? Just a short-term need with the intent to replace the funds without triggering a taxable distribution? That’s often referred to as a 60-day rollover – draw the funds to meet the short-term need, then return the money to the IRA within 60 days, and there are no tax consequences.
