Indirect Rollover Withholding and 60-Day Calculator
If an employer plan pays a distribution to you instead of sending it straight to an IRA, 20% is withheld for federal tax. See how much you would need to add from other money to roll over the full amount, and when the 60 days end.
| Mandatory federal withholding (20%) | $10,000.00 × 0.20 = $2,000.00 |
|---|---|
| Amount you actually receive | $10,000.00 − $2,000.00 = $8,000.00 |
| If you roll over only what you received | $2,000.00 is not rolled over and is generally taxable (and may be subject to the 10% additional tax if you are under age 59½ and no exception applies) |
| 60th day after you received the money | Enter the date you received the money |
This assumes the payment is one the plan treats as an eligible rollover distribution; some payments are not. A direct rollover (plan to IRA, trustee to trustee) does not have this withholding. IRA distributions paid to you are treated differently: the IRS page says 10% withholding applies unless you elect out, so this calculator is for employer-plan distributions only.
How this calculator works
The IRS says you have 60 days from the date you receive a distribution to roll it over to another plan or IRA. It also says a distribution paid to you from an employer retirement plan is subject to mandatory withholding of 20%, even if you intend to roll it over later.
To roll over the full distribution, the IRS says you must use other funds to make up the amount withheld. In its example, a $10,000 distribution has $2,000 withheld; rolling over only the $8,000 received leaves $2,000 taxable. The IRS says an amount not rolled over within 60 days is taxable and may be subject to the 10% additional tax unless an exception applies. A direct rollover has no tax withheld.
The IRS may waive the 60-day requirement in certain situations. This calculator does not decide whether you qualify.
Sources and access dates
- Rollovers of retirement plan and IRA distributions (Internal Revenue Service). Used for: the 60-day rule, 20% mandatory withholding, making up withheld funds, and the IRA 10% default withholding. Accessed October 17, 2026.
Educational estimate, not tax or legal advice. This tool applies the rules and figures above to the numbers you type in. It does not know your full tax situation, and rules and amounts can change. Talk to a qualified tax professional or your IRA custodian before acting.
Results are estimates for comparison only, not advice. See our financial disclaimer.