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60-day period don’t qualify for tax-free rollover treatment. You must treat them as a taxable distribution from either your IRA or your employer's plan. These amounts are tax- able in the year distributed, even if the 60-day period ex- pires in the next year. You may also have to pay a 10% additional tax on early distributions as discussed under Early Distributions in Pub. 590-B. Unless there is a waiver or an extension of the 60-day rollover period, any contribution you make to your IRA more than 60 days after the distribution is a regular contri- bution, not a rollover contribution. Example. You received a distribution in late Decem- ber 2018 from a traditional IRA that you don’t roll over into another traditional IRA within the 60-day limit. You don’t qualify for a waiver. This distribution is taxable in 2018 even though the 60-day limit wasn’t up until 2019. Ways to get a waiver of the 60-day rollover require- ment. There are three ways to obtain a waiver of the 60-day rollover requirement. • You qualify for an automatic waiver. • You self-certify that you met the requirements of a waiver. • You request and receive a private letter ruling granting a waiver. How do you qualify for an automatic waiver? You qualify for an automatic waiver if all of the following apply. • The financial institution receives the funds on your be- half before the end of the 60-day rollover period. • You followed all of the procedures set by the financial institution for depositing the funds into an IRA or other eligible retirement plan within the 60-day rollover Table 1-4. Rollover Chart The following chart indicates the rollovers that are permitted between various types of plans. Roll To Roth IRA Traditional IRA SIMPLE IRA SEP IRA Governme ntal 457(b) Plan Qualified Plan1 (pre-tax) 403(b) Plan (pre-tax) Designated Roth Account (401(k), 403(b), or 457(b)) Roth IRA Yes 2 No No No No No No No Traditional IRA Yes3 Yes 2 Yes2, 7, after 2 years Yes 2 Yes4 Yes Yes No SIMPLE IRA Yes3, after 2 years Yes 2, after 2 years Yes2 Yes 2, after 2 years Yes4, after 2 years Yes, after 2 years Yes, after 2 years No SEP IRA Yes3 Yes 2 Yes2, 7, after 2 years Yes 2 Yes4 Yes Yes No Governme ntal 457(b) Plan Yes3 Yes Yes7, after 2 years Yes Yes Yes Yes Yes,3, 5 Roll From Qualified Plan1 (pre-tax) Yes3 Yes Yes7, after 2 years Yes Yes4 Yes Yes Yes,3, 5 403(b) Plan (pre-tax) Yes3 Yes Yes7, after 2 years Yes Yes4 Yes Yes Yes,3, 5 Designated Roth Account (401(k), 403(b), or 457(b)) Yes No No No No No No Yes6 1Qualified plans include, for example, profit-sharing, 401(k), money purchase, and defined benefit plans. 2Only one rollover in any 12-month period. 3Must include in income. 4Must have separate accounts. 5Must be an in-plan rollover. 6Any nontaxable amounts distributed must be rolled over by direct trustee-to-trustee transfer. 7Applies to rollover contributions after December 18, 2015. For more information regarding retirement plans and rollovers, visit Tax Information for Retirement Plans. Page 22 Chapter 1 Traditional IRAs