You may avoid the taxes if you deposit the funds in an eligible retirement plan (which includes anIRA) within "3 years and a day" of the date of the COVID-19 distribution (note: compare to a 60-day rollover).

You may try and look at a section 85 rollover and see if it's possible given your situationhttps://www.marcil-lavallee.ca/en/resources-tools/monthly-newsletters/list-per-month/291-section-85-tax-free-rollover-to-corporations

Perhaps I roll over my 401k if I make it a full time gig, but seems to be no rush in that.

You may avoid the taxes if you deposit the funds in an eligible retirement plan (which includes anIRA) within "3 years and a day" of the date of the COVID-19 distribution (note: compare to a 60-day rollover).

Look into options to rollover into amortized payback or growth.Offer long term retirement funds that look similar to mortgage amortization schedules.Explore options to donate portions of the interest gained to provide community support to help rehab homes with people who need help, but can’t afford it.Create regularly updated, highly visual progress reports for the various remodel/ renovation projects.

You may avoid the taxes if you deposit the funds in an eligible retirement plan (which includes anIRA) within "3 years and a day" of the date of the COVID-19 distribution (note: compare to a 60-day rollover).

One of the reasons that we choose to do real estate in our retirement accounts is because that is where 80%+ of each of our assets ALREADY were sitting, so we each did 'roll overs'.

Maybe, unless your balances roll over to normal interest at 18% or more.

In addition to the points made above, make sure you talk to a plan administrator about inservice rollovers or a loans from your current 401(k) if you are still employed with the company.

Hello,I am exploring the possibility of converting some or all of my Rollover IRA account into ROTH IRA account to reduce my tax burden when I retire.