Can hardships, RMDs, or qualified birth and adoption withdrawals be rolled over into another account?

Hardships, Required Minimum Distributions (RMDs), and qualified birth and adoption withdrawals generally cannot be rolled over into another retirement account. Each of these types of distributions has specific regulations that classify them as ineligible for rollover.

A hardship distribution is intended to provide immediate financial relief for an urgent need, and the IRS does not allow these amounts to be rolled into another account since they are meant for immediate use.

Similarly, RMDs are amounts that must be withdrawn from a retirement plan when an individual reaches a certain age, and the tax code mandates that these amounts are not eligible for rollover treatment.

Qualified birth and adoption withdrawals, while allowing for some flexibility in accessing funds without penalties, also fall outside the rollover category. These withdrawals are meant to be utilized for specific expenses related to birth and adoption, indicating that the funds are intended for immediate use rather than deferring tax ramifications through a rollover.

Hence, stating that these types of distributions can be rolled over into another account would be incorrect, making the response indicating that they cannot be rolled over accurate.