"Ultimately, the new process won't resolve every possible scenario where an IRA rollover might be late, most notably where the taxpayer just botches the timing by not paying attention, due to aggressively using the rollover as a temporary personal loan, or due to bad advice from a financial advisor. Nonetheless, for what are likely the overwhelming majority of scenarios, the new self-certification process will make it fast and easy for most individuals to fix legitimately innocent rollover mistakes -- though the IRS still reserves the right to evaluate the situation after the fact, and make an adjustment if the individual was not forthright in the process!"  MORE >>