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Question

i am over 60 yrs. i distibuted form my Roth Ira and would like to do a rollover to it. if the account is qualified, does the 60 day rule even apply?

Forum|Forum|11 months ago
April 25, 2025
2 replies
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TurboTax Online

Yes, because if it is not a rollover you are limited to the amount that you can contribute to the ROTH by your earned income for the year. And it can't qualify as a rollover after 60 days.

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Thanks for your reply, Robert. I didnt mention that I am no longer employed.

So specifically since this money is from only my contributions , not earnings, can I roll it back to the Roth from which I distributed it on 2/26/25. (The 60 day period ends on 4/26/25)

Employee

You need to hand carry your funds for deposit today, tomorrow is not a business day
OR

even if you have to open a new Roth IRA to meet the deadline it is still a Rollover.

You can consolidate accounts later.