I searched both Google and ER and could not clear answer to the question of when does the one year (365 day) rollover rule start.
On Dec 21, 2013, I took a normal IRA distribution from bank 1 and decided to indirect rollover the money Feb 10, 2014 into IRA bank 2.
If I do a new indirect rollover into IRA bank 3, does the 1 year rule start Dec 21, 2013 or Feb 10, 2014?
I have done indirect rollovers to avoid some of the paper work when doing bank to bank IRA transfers.
On Dec 21, 2013, I took a normal IRA distribution from bank 1 and decided to indirect rollover the money Feb 10, 2014 into IRA bank 2.
If I do a new indirect rollover into IRA bank 3, does the 1 year rule start Dec 21, 2013 or Feb 10, 2014?
I have done indirect rollovers to avoid some of the paper work when doing bank to bank IRA transfers.
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