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A tax-free rollover of assets between qualified retirement plans for the benefit of a specific individual is permitted so long as it is accomplished within:
Suggested Answer: B
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60 days. ERISA permits 60 days for rollovers.
27 comments · newest first
ED
Edwin
9 hours ago
I think it's 60 days. Seems reasonable.
KE
Kenneth
6 days ago
60 days is the right answer. Quick decisions are key!
GE
Gennie
11 days ago
I feel like one year is too long for a rollover.
TE
Teddy
16 days ago
Definitely 60 days. IRS rules are strict.
WI
Willodean
21 days ago
I’m leaning towards 90 days. More time is better.
JE
Jerry
26 days ago
I agree, 60 days makes sense for rollovers.
MA
Malcom
1 month ago
I think it's 60 days. Seems reasonable.
HA
Harley
1 month ago
30 days feels too short. 60 days is the sweet spot!
SH
Shayne
1 month ago
I feel like one year is too long. 60 days is right.
RO
Rolland
2 months ago
Definitely 60 days. IRS rules are strict.
SH
Shay
2 months ago
I’m leaning towards 90 days. More time is better!
BR
Breana
2 months ago
I agree, 60 days makes sense for a rollover.
GE
Gerald
2 months ago
I think it's 60 days. Seems reasonable.
JU
Justa
2 months ago
Yup, 60 days is the rule!
GA
Gaston
2 months ago
Wait, are you all sure about that? Seems too short!
TR
Truman
3 months ago
Definitely 60 days, that's the standard.
WE
Weldon
3 months ago
I thought it was 90 days, but I guess not.
LA
Laurel
3 months ago
It's 60 days for sure!
EV
Eve
3 months ago
60 days is correct, but it feels too short!
JE
Jettie
3 months ago
Really? I thought it was longer than that.
LU
Lucy
3 months ago
Definitely 60 days, that's the standard.
CA
Carmen
4 months ago
I thought it was 90 days, but I guess not.
CH
Charlene
4 months ago
It's 60 days for sure!
CH
Chanel
4 months ago
I thought it was one year for some reason, but now I’m second-guessing myself. I should have reviewed that section more thoroughly.
CA
Catherin
4 months ago
I’m a bit confused. Was it 90 days or 60 days? I can’t recall the exact detail from my studies.
MA
Madalyn
4 months ago
I feel like I’ve seen a similar question before, and it was definitely 60 days. It’s a common rule for rollovers, right?
LU
Luis
6 months ago
I think the answer might be 60 days, but I’m not completely sure. I remember something about that timeframe from my notes.