Carter Ruml recently posted an article entitled, "When Bad IRA Rollovers Happen to Good People." Ruml writes about the 60-day IRA Rollover period under section 408(d)(3). Specifically, he highlights recent revenue rulings and private letter rulings discussing the discretionary waivers granted by the IRS for mistakes by financial institutions that go beyond 60-day threshold.
To read the entire article, please click here.
Posted by Shahzeb Gaziani, Senior Associate Editor, Wealth Strategies Journal.
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