indirect ira rollover to 401k: options I took an indirect rollover from an IRA to roll into a 401k.
Let's say for $4000.
At the end of the 60 day payback period, I only had $3000 available to put into the 401k, which I did. I was $1000 short.
During the 60 days though, I contributed over $1000 to the 401k. Let's say I contributed $2000 via payroll deduction.
Is there any way to use $1000 of the $2000 payroll deduction to offset the $1000 shortfall on the repayment?
Thanks for any help. |