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YouTube video text script - IRA/Retirement Plan 60-Day Rollover Waivers

HI… I’M CECILIA… AND I WORK FOR THE INTERNAL REVENUE SERVICE.

DID YOU TRY TO ROLL OVER ALL OR PART OF YOUR INDIVIDUAL RETIREMENT ARRANGEMENT OR RETIREMENT PLAN INTO ANOTHER I-R-A OR PLAN …BUT MISSED THE 60-DAY DEADLINE?

AND THIS HAPPENED BECAUSE OF CIRCUMSTANCES BEYOND YOUR CONTROL…SUCH AS AN ERROR COMMITTED BY A FINANCIAL INSTITUTION….  A CHECK THAT WAS MISPLACED AND NEVER CASHED… OR A DISTRIBUTION THAT WAS MISTAKENLY DEPOSITED INTO THE WRONG PLACE?

IF SO… YOU COULD BE ELIGIBLE FOR A WAIVER OF THE 60-DAY RULE.

AND YOU CAN EVEN SELF-CERTIFY THAT YOU’RE ELIGIBLE BY USING A MODEL LETTER FOUND ON OUR WEB SITE.  

TO LEARN ALL THE DETAILS… GO TO IRS-DOT-GOV-SLASH ROLLOVERS… SCROLL DOWN TO THE BOTTOM AND CLICK “F-A-Q’S RELATING TO WAIVERS OF THE 60-DAY ROLLOVER REQUIREMENT.”

Page Last Reviewed or Updated: 01-Feb-2017