Roth Rollover

[Jerry1]

I may need to make a withdrawal from my Roth. I’d want to put it back within the 60 days limit but I may have a problem. You can only do one rollover in a 12 month period. I just moved my Roth from one broker to another. Never touched any of the money. Is that transfer something that would prevent me from taking a distribution and returning that within the 60 day allotted?

 

[cathy63]

A trustee to trustee transfer is not the same as a rollover. You can do as many of those as you want and they don't prevent you from also doing a manual rollover in the same year.

 

[MdaPetralia]

Per below from IRS:

The one-per year limit does not apply to:

rollovers from traditional IRAs to Roth IRAs (conversions)
trustee-to-trustee transfers to another IRA
IRA-to-plan rollovers
plan-to-IRA rollovers
plan-to-plan rollovers

https://www.irs.gov/retirement-plan...vers-of-retirement-plan-and-ira-distributions

 

[Jerry1]

Thank you both.