401(k)

My client transferred his traditional IRA into his traditional 401(k). The wire transfer was completed today, October 18, 2021. Unfortunately, a little bit of cash was left behind in the IRA. If I submit a request this week to transfer the remaining cash in his IRA to the 401(k), do we have any “once a year” problems?



No, the one rollover limitation does not apply to rollovers to or from qualified plans. This limit only applies to IRA to like kind IRA rollovers.



Thank you!



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