Message Font: Serif | Sans-Serif
No. of Recommendations: 0
<< Thanks for the response. I thought you had 60 days to pay back to your IRA any withdrawal. Is this not true? >>

Good point, which I hadn't thought of. If you have time to effect a rollover that should handle it. I would suggest you roll it to a different custodian than the one it came from. This is subject to the once per 12 months limit on rollovers, but as long as that's not a problem, it should work.

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.