Tax Facts

4019 / May a recipient of a distribution roll over the amount into another person’s individual retirement plan?



No.1

Where a plan participant received a distribution from a qualified retirement plan and, within 60 days, the funds were placed in a traditional IRA held in the participant’s wife’s name only, but not pursuant to a valid QDRO ( Q 4005), the Tax Court found that a valid rollover had not occurred.2





1.  News Release IR-1809, Q17, 5-9-77; IRC § 408(d)(3)(A).

2.  Rodoni v. Comm., 105 TC 29 (1995).


Tax Facts Premium Tools
Calculators
100+ calculators specifically designed to help you easily assist clients with specific planning situations and calculations.
Practice Guidance
Designed to help you discover new ways for which to build and maintain client relationships.
Concepts Illustrated
Specifically designed to help you easily assist clients with specific planning situations and calculations.
Tax Facts Archives
Access to the entire library of Tax Facts dating back to 2012 allowing you to look up the exact tax figures from prior years.