National-LH-IV Retirement & Other Insurance Conceptsmedium
A 50-year-old participant receives a $40,000 eligible rollover distribution check made payable to herself on March 1 (after 20% withholding of $10,000, she receives $40,000 from a $50,000 gross distribution). To completely avoid current taxation and the §72(t) penalty on the full $50,000, by what date must she roll over what amount?
