Can I return funds to my Roth IRA after I have taken it as a distribution?

Retirement Savings, IRAs
Sort By:
Most Helpful
August 2016
84% of people found this answer helpful

Yes as long as you do it within 60 days.

You are allowed one rollover (as this would be considered) per 12 month period.

You can roll the funds into the same ROTH IRA or a different ROTH IRA. There is no distinction. It will still be considered a rollover. Keep in mind you cannot roll it over into an inherited ROTH IRA.

If the rollover happens after the 60 days it will be considered a new contribution. 

As always consult with a Tax professional for information regarding your own personal circumstances. 

July 2016
April 2007
July 2016