“This is a big deal and it will help a lot of people,” declares a certified public accountant in today’s article on the Internal Revenue Service’s easing of a rule that previously had retirement savers who exceeded the 60-day window for IRA rollovers face substantial taxes and penalties. Under the new relaxed guidance, retirement savers who do not roll over retirement funds before the 60-day deadline “can avoid the dire tax treatment in certain circumstances.” To read more about this change – including what those “certain circumstances” are – CLICK HERE.
