$10,000 Rollover Lessons From the IRS
Mar 7, 2016
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By Denise Appleby, APA, CISP, CRC, CRPS, CRSP
Clients who miss their 60-day rollover deadline may be tempted to ask the IRS for an exception through a private letter ruling. However, as of 2016, they will have to pay a $10,000 fee with no guarantee of a favorable result. Here’s a look at three defenses that did not work with some tips for keeping clients compliant.