- Their checks were lost, never cashed or deposited into accounts that they mistakenly thought were eligible retirement plans
- Their homes were severely damaged, or a family member was seriously ill or died
- A postal error occurred
- Distributions were made on account of tax levies, but the proceeds were returned to them
- Distributing plans didn’t timely provide required information to receiving plans.
You may rely on these self-certifications unless you have actual knowledge to the contrary. Employees must make their rollovers within 30 days after the reasons listed in their letters no longer apply. Tip: Keep a copy of their letters on file. (Rev. Proc. 2016-47, IRB 2016-37)