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Old 03-01-2008, 04:42 PM
TaxGuru TaxGuru is offline
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Join Date: Jan 2007
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How much time do I get before I have to rollover my retirement distribution

You have 60 days from the day you obtained a distribution of your pension funds to rollover these funds into another qualified pension fund or an IRA.

Or else, not only will you be subjected to a 10% penalty but the entire distribution will be subjected to taxation at your ordinary rate.
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