Waiver of 60-Day Rollover Requirement

[spiritrider]

I didn't see this posted in any other forum and this seems the best place to post it.

In case you didn't read the bulletin, the IRS has released RP 2016-47.

This provides for self-certification for a waiver of the 60-day rule, based on 11 enumerated reasons.

https://www.irs.gov/uac/new-procedure-helps-people-making-ira-and-retirement-plan-rollovers

https://www.irs.gov/pub/irs-drop/rp-16-47.pdf

No more PLRs for these 11 reasons. Also, since they probably vetted all the prior PLRs for legitimate reasons, I think the future success of a PLR for another reason will have a low probability of success.