The 60-Day Rollover Rule
If an eligible IRA or retirement-plan distribution is paid directly to you, the IRS generally allows 60 days to deposit all or part of it into another eligible retirement arrangement.
The withholding trap
For an eligible employer-plan distribution paid to you, taxes are generally withheld. If your goal is to roll over the full gross distribution, you may need other funds to replace the withheld amount before the deadline.
One-rollover-per-year rule
Certain IRA-to-IRA rollovers are subject to a one-rollover-per-12-month limitation. Direct trustee-to-trustee transfers are treated differently.
Deadlines matter: rollover errors can create taxable distributions and potentially penalties. Get tax help when facts are complicated.