Nova 401(k) Associates
Compensation Strategies Group, Ltd.
The Retirement Plan Company (TRPC)/an ABG firm
Atlantic Pension Services Inc
Nicholas Pension Consultants
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|How to Handle Failed or Invalid Rollovers|
Retirement Learning Center, LLC
Sept. 13, 2021
"A rollover to an IRA could be a failed or invalid rollover under several circumstances ... When an invalid rollover contribution is made to an IRA ... the invalid rollover amount is deemed to be a regular IRA contribution for that taxable year. What happens next depends on whether the amount is an eligible contribution or an excess contribution."
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