60-day rollover rule: What retirement investors need to know
Article Excerpt: "...The 60-day rollover rule is one of the many traps that lie in wait for investors rolling over a retirement account such as a 401(k) or IRA. You have to follow the rules exactly, or you could end up paying significant penalties — so it’s tricky and potentially costly if you get it wrong. Fortunately, it’s not that tough to do it correctly, and a little planning can easily get you through it. Here’s how to safely navigate the 60-day rollover rule..."
Resource: www.bankrate.com