IRS gives tardy retirement savers more rollover time

Taxpayers who attest to honestly missing the IRS’ 60-day limit for tax-free 401(k) and IRA rollovers can now qualify for a waiver.

Be careful how you handle that rollover, make sure it is a custodian to custodian transfer or you could face stiff penalties, even thought the IRS is allowing some exceptions.

Source: IRS gives tardy retirement savers more rollover time