Rollover Waiver in a War Zone

The tax law permits you to make a withdrawal from a qualified retirement plan and "rollover" the funds to a traditional IRA without any current tax, provided the rollover is completed within 60 days. Otherwise, the distribution is taxable as ordinary income in the year it is received. In addition, if the taxpayer is under age 59 and 1/2 at the time of the distribution, any taxable portion not Continue Reading