How long do I have to roll over a retirement distribution?

The IRS allows 60 days to complete a rollover after the distribution is received, though exceptions can be made in certain circumstances. To avoid paying a mandatory 20% tax, have the distribution rolled over directly into a new plan or financial institution by your employer. Keep in mind, also, that distributions cannot be rolled over into a Roth IRA, though you can make a tax-free rollover into a traditional IRA. Also, once the rollover is made, it’s irrevocable.