If the reporter cashed the check for the month of death (and any later months), do not ask for a refund. Advise the reporter that the Treasury Department (TD) may request the funds back from the bank that cashed the check for a period of up to 12 months from the month that SSA learns of the death.
For example, if 5% of your non-Roth IRA are non-deductible contributions, then 5% of the conversion amount must be non-deductible contributions, and the rest must come from the deductible contributions, including earnings and rollover contributions.
Easy Maintenance, Easy Saving. 1  You make deductible contributions directly to individual retirement accounts. (SIMPLE IRAs) for yourself and your employees. 2  Participants may rollover or transfer to a T. Rowe Price SEP-IRA.