Return of IRA distribution within 60 days

[bzorc]

A 73 year old IRA holder withdraws funds for whatever reason. May they return the funds within 60 days to the IRA to avoid taxation in 2003? Obviously anybody under age 70 1/2 may do this, but does the law allow an over age 70 1/2 person to do so? The IRA holder will keep out funds necessary to cover the 2003 MRD.

Thanks for any responses.

[Appleby]

Yes. There is no age limit on rollover contributions.