every 12 months. With respect to 2020 RMDs, under relief granted in Notice 2020-51, the rollover deadline for 2020 RMDs is extended to August 31, 2020 and any 2020 RMDs recontributed by the deadline are not counted as rollovers for purposes of the one rollover per 12-month period rule...
Following up on its promise earlier in the year to follow the Tax Court's holding that the limit of one rollover per year applies on an aggregate basis and not on an IRA-by-IRA basis, the IRS withdrew a proposed regulation from 1981, Prop. Regs. Sec. 1.408-4(b)(4)(ii), which ...
IRS Issues Guidance on Automatic Rollover Rule (Employee Benefits Update).(Internal Revenue Service (US government))Condon, DanHolland, ClaireWardwell, Kris