Fidelity Special Tax Notice

📜💰

IRS-Sourced Plain-Language Guide

Every word of this mandatory federal notice matters — a single missed deadline or misunderstood rule can trigger thousands of dollars in taxes and penalties. This guide explains everything in clear, everyday language.

💡 10 Things to Know Before You Do Anything With Your Retirement Funds

When Fidelity sends you a document called the Special Tax Notice — Your Rollover Options, it is fulfilling a federal legal requirement under Internal Revenue Code Section 402(f) and IRS Notice 2020-62. The plan must provide this notice at least 30 days before your retirement plan distribution is paid — and it must be provided any time a plan pays you an eligible rollover distribution of $200 or more. Reading it carefully is not optional: the choices you make within the windows described in this notice will determine whether you owe income tax immediately, trigger a 10% penalty, or preserve every dollar of your retirement savings tax-free until withdrawal. Here are the ten most critical things to understand before you take any action.

1 The Special Tax Notice is a federally required disclosure, not a Fidelity marketing document. Every retirement plan administrator — including Fidelity — must provide this notice before paying you an eligible rollover distribution. It is governed by IRS Notice 2020-62, which sets the exact content the notice must include. Fidelity cannot modify its core legal terms. When you read any version of this notice, you are reading language that carries the full authority of the Internal Revenue Code.
2 A direct rollover is almost always the smarter choice over taking the money yourself. A direct rollover sends your retirement funds from Fidelity directly to your new IRA or employer plan — you never touch the money. Nothing is withheld. No tax is owed until you withdraw from the new account. If you instead receive a check made out to you, Fidelity is legally required to withhold 20% for federal income taxes before you even see the money, and you will have only 60 days to roll over the full original amount — including the 20% you never received — to avoid it becoming a taxable distribution.
3 The 60-day rollover clock starts the day the check is dated, not the day you deposit it. If you receive a distribution and want to roll it over, you have exactly 60 calendar days from the date of receipt to deposit it into an eligible retirement account. Miss that deadline by even one day and the entire taxable amount is reportable as income in that calendar year — plus a 10% early distribution penalty if you are under age 59½. The IRS has the authority to waive this deadline only in very limited circumstances involving extraordinary events beyond your control.
4 If Fidelity withholds 20%, you must replace that amount from your own pocket to complete a full rollover. When you take a distribution rather than a direct rollover, Fidelity withholds 20% of the taxable amount and sends it to the IRS as a federal tax deposit. Example: if your distribution is $50,000, Fidelity sends you a check for $40,000 and remits $10,000 to the IRS. If you deposit only the $40,000 you received into an IRA within 60 days, the missing $10,000 is treated as a distribution — fully taxable plus potentially subject to the 10% early withdrawal penalty. To roll over the complete $50,000, you must come up with $10,000 from another source and add it to the deposit.
5 Required Minimum Distributions cannot be rolled over — attempting to do so creates excess contributions. Under the SECURE 2.0 Act, the required beginning date for RMDs is April 1 of the year following the year you turn 73. These mandatory annual withdrawals are excluded from eligible rollover distributions. You cannot deposit an RMD into an IRA and call it a rollover. If you accidentally put an RMD into an IRA, it becomes an excess contribution subject to a 6% annual excise tax until corrected. This is one of the most common and expensive mistakes retirement account owners make.
6 Rolling pre-tax money into a Roth IRA triggers immediate income tax — but no 10% penalty. If your 401(k) or traditional IRA holds pre-tax contributions and you roll that money into a Roth IRA, the converted amount is includable in your gross income in the year of conversion. You cannot avoid this tax even by completing the rollover within 60 days. However, the 10% early withdrawal penalty does not apply to Roth conversions. The trade-off is that all future qualified distributions from the Roth are permanently tax-free, including earnings — making a conversion strategically valuable for many people with lower current tax rates.
7 After-tax contributions in a retirement plan can be rolled over to a Roth IRA tax-free — but require careful tracking. If your 401(k) or employer plan contains contributions you made with after-tax dollars (money already taxed before it went in), those dollars are not taxed again when distributed or rolled over. However, you cannot choose to receive only after-tax contributions — an allocable share of both pre-tax and after-tax amounts must be distributed together. After-tax amounts rolled to a Roth IRA remain tax-free; earnings on those amounts rolled to a traditional IRA remain pre-tax. Keeping accurate records of your basis (after-tax contributions) is essential for calculating taxes on future distributions.
8 You may only do one IRA-to-IRA rollover per 12-month period across all your IRAs combined. Since IRS Announcement 2014-32, you are limited to one rollover from any IRA to any other IRA in any 12-month period — regardless of how many IRAs you own. Violating this rule makes the second rollover a taxable distribution and may create excess contributions. This limit does not apply to trustee-to-trustee transfers (direct transfers between financial institutions) or to rollovers from employer plans to IRAs. If you plan to consolidate multiple IRAs, always use direct transfers rather than taking distributions.
9 Employer stock in your plan may qualify for a special capital gains tax treatment called Net Unrealized Appreciation (NUA). If your plan contains employer stock, you may have the option to take that stock as a lump-sum distribution and pay ordinary income tax only on the stock’s cost basis (what the plan paid for it originally), while the increase in value — the net unrealized appreciation — is taxed at the lower long-term capital gains rate when you eventually sell the stock. This can be significantly more tax-efficient than rolling the stock into an IRA, where all future withdrawals would be taxed as ordinary income. A tax professional should evaluate the NUA strategy before you decide.
10 The Special Tax Notice must be given to you at least 30 days before your distribution — and you have the right to waive that waiting period. Federal law requires Fidelity to provide this notice no less than 30 days and no more than 180 days before your distribution is paid. This gives you time to review your options and make a fully informed decision. You may voluntarily waive the 30-day waiting period in writing if you want your distribution sooner. Distributions of $200 or less are exempt from the rollover rules and mandatory withholding. Distributions that are part of a series of substantially equal payments over your lifetime or over 10+ years are also not eligible rollover distributions and are not subject to the 20% mandatory withholding.

Sources: IRS Notice 2020-62 (safe harbor explanation text; basis for all Fidelity Special Tax Notice language; 30-day notice requirement; $200 threshold); IRS Topic 413 (60-day rule; direct rollover mechanics; one-rollover-per-year); IRS Topic 412 (mandatory 20% withholding on eligible rollover distributions); Fidelity Special Tax Notice 402-f.pdf (direct rollover vs 60-day rollover language); IRS Publication 590-A 2025 (RMD cannot be rolled over; excess contribution consequences; after-tax contribution basis tracking); Institutional Fidelity 2026 (RMD age 73; SECURE 2.0; 25% excise tax on missed RMD; April 1 first-year deadline); IRS Announcement 2014-32 (one-IRA-rollover-per-year rule); Fidelity 402-f.pdf (NUA special rule; lump-sum capital gains treatment)

📊 The Critical Numbers You Need to Remember

⏱️ Rollover Deadline

60 Days

Calendar days from date of distribution receipt to complete rollover. Missing by 1 day = fully taxable distribution.

⚠️ Mandatory Withholding

20%

Withheld automatically on all eligible rollover distributions paid directly to you. Nonresident aliens: 30% withheld.

💸 Early Withdrawal Penalty

10%

Additional tax on taxable distributions before age 59½. Added on top of ordinary income tax. Multiple exceptions apply.

👤 RMD Starting Age

Age 73

Under SECURE 2.0. First RMD due April 1 of year after turning 73. Missed RMD: 25% excise tax on shortfall.

🔄 IRA Rollover Limit

1 Per Year

One IRA-to-IRA indirect rollover per 12-month period across all IRAs. Unlimited trustee-to-trustee direct transfers allowed.

📋 Notice Window

30–180 Days

Fidelity must give you this notice 30 to 180 days before distribution. You may waive the 30-day minimum in writing.

Sources: IRS Notice 2020-62 (30–180 day notice window; 20% withholding; 60-day rollover); IRS Topic 413 (60-day clock; one-per-year rule); IRS Form 5329 Instructions 2025 (10% early distribution tax; exceptions); Institutional Fidelity 2026 (RMD age 73; 25% excise; SECURE 2.0); IRS Announcement 2014-32 (1 IRA rollover per 12 months)

🔄 Your Four Choices — Side by Side

💡 Understanding Your Options Before You Decide

When Fidelity sends you a Special Tax Notice, you will typically be asked to choose from several options for how your retirement plan funds are handled. Each choice has very different tax consequences. The table below explains what happens under each path so you can compare them directly before contacting Fidelity.

Your Choice	Tax Withheld Now?	Tax Owed Now?	10% Penalty Risk?	Best For
Direct Rollover to Traditional IRA or 401(k)	None	None now; taxed at withdrawal	No (if kept in IRA)	Preserving full tax-deferred growth; most common choice
Direct Rollover to Roth IRA (conversion)	None withheld	Yes — full pre-tax amount is taxable income this year	No penalty on conversion itself	Expecting higher future tax rates; tax-free retirement income goal
60-Day Indirect Rollover (check to you, then redeposit)	20% withheld upfront	None if you redeposit full amount (incl. 20%) within 60 days	Yes, if under 59½ and miss the 60-day deadline	Temporary access to cash; almost always riskier than direct rollover
Take the Distribution (do not roll over)	20% withheld upfront	Full taxable amount added to income this year	Yes, if under 59½ (unless exception applies)	Only if you have an immediate financial need and accept the tax cost

✔️ The Simplest Rule to Remember

If in doubt, always choose the direct rollover. It avoids mandatory withholding, preserves every dollar for tax-deferred or tax-free growth, and requires no 60-day scramble or replacement funds from your own pocket. You can change your mind about where the money goes later — as long as the funds stay within the tax-advantaged account system.

Sources: IRS Notice 2020-62 (four-option framework; direct vs 60-day rollover; withholding rules); Fidelity Special Tax Notice 402-f.pdf (rollover to Roth IRA taxable; no penalty on conversion; indirect rollover 20% gap); IRS Topic 413 (60-day deposit requirement; replacement funds rule); Empower/IRS Dec 2025 (60-day clock example; indirect rollover tax risk); IRS Publication 590-A 2025 (Roth IRA conversion; conversion income inclusion)

⚠️ The 10% Early Withdrawal Penalty — and How to Avoid It

🚨 Who This Affects and Why It Matters

If you are under age 59½ and you receive a retirement plan distribution that you do not roll over, the IRS imposes a 10% additional tax on top of the ordinary income tax you already owe. On a $30,000 distribution for someone in the 22% bracket, that is $6,600 in ordinary income tax plus $3,000 in penalty — nearly a third of your withdrawal gone before you see a dime. However, there are specific statutory exceptions that eliminate the 10% penalty even for people under 59½.

Exception	Applies to 401(k)/Employer Plan?	Applies to IRA?	Key Condition
Age 59½ or older	Yes	Yes	Distribution on or after reaching 59½
Separation from service at age 55 or older	Yes (plan only)	No	Must leave employer at 55+ in year of or after separation
Total and permanent disability	Yes	Yes	IRS definition of total disability applies
Death of the account owner	Yes (to beneficiary)	Yes (to beneficiary)	Distributions to estate or beneficiaries after owner dies
Substantially equal periodic payments (SEPP / Rule 72(t))	Yes	Yes	Must continue equal payments for 5 years or until 59½, whichever is later
Unreimbursed medical expenses exceeding 7.5% of AGI	Yes	Yes	Amount must exceed the 7.5% AGI threshold
Health insurance premiums while unemployed	No	IRA only	After receiving unemployment compensation for 12+ consecutive weeks
Qualified higher education expenses	No	IRA only	For you, spouse, children, grandchildren at eligible institutions
First-time home purchase	No	IRA only — up to $10,000 lifetime	No principal residence ownership in prior 2 years
QDRO — qualified domestic relations order	Yes	Yes	Distribution to alternate payee (spouse/former spouse) per court order
Emergency personal expense (SECURE 2.0)	Yes (if plan allows)	Yes	Up to $1,000/yr; available once per 3 years unless repaid earlier
Domestic abuse victim distributions (SECURE 2.0)	Yes (if plan allows)	Yes	Up to lesser of $10,000 (indexed) or 50% of vested balance; within 1 year of abuse
Terminal illness (SECURE 2.0)	Yes	Yes	Physician-certified terminal illness with 84-month or less life expectancy
Long-term care insurance premiums (SECURE 2.0)	Yes (when operative)	Yes	Lesser of 10% of vested balance or $2,500 (indexed); certified LTC insurance
PLESA emergency savings account withdrawals (SECURE 2.0)	Yes — 401(a) plans	No	Distributions from pension-linked emergency savings accounts

Sources: IRS Form 5329 Instructions 2025 (complete list of exceptions; code numbers for each; Part I exceptions to additional tax); IRS Publication 590-B (IRA-specific exceptions; SEPP requirements; medical expense threshold 7.5% AGI); Fidelity Special Tax Notice 450755.35.0 (SECURE 2.0 additions: emergency expense; domestic abuse; terminal illness; LTC insurance; PLESA — all per Fidelity updated notice text); IRS Notice 2024-02; IRS Notice 2024-55 (SECURE 2.0 distribution rule guidance)

🎯 What Should You Do With Your Distribution?

📜 Answer 3 Questions — Get a Plain-Language Recommendation

How old are you?

Age is the single most important factor in determining your penalty exposure and rollover strategy.

What type of account is this distribution from?

Different account types have different rollover rules, contribution sources, and tax treatment.

What is your primary goal with this money?

Be honest — your real goal determines which strategy gives you the best net outcome.

❓ Most-Asked Questions About the Fidelity Special Tax Notice

Why did I receive a Special Tax Notice from Fidelity — and what do I need to do with it?

Fidelity sent you this notice because you requested a distribution from a retirement plan they administer, or you are about to receive one — and that distribution qualifies as an “eligible rollover distribution” under IRS rules. Federal law requires Fidelity to give you this notice at least 30 days before your distribution is paid, so you have time to review your options. What to do with it: Read it carefully before choosing between a direct rollover and taking a cash distribution. The most important immediate step is to determine whether you want a direct rollover (Fidelity sends money directly to your new account) or a distribution check made out to you. If you are unsure, call Fidelity at 1-800-343-3548 to ask for a direct rollover to be set up before anything is paid out. Do not let time pass without making this choice — if you miss deadlines or accept default options, the tax consequences can be permanent.

What is the difference between a direct rollover and an indirect (60-day) rollover?

A direct rollover means Fidelity wires or sends your retirement funds directly to the trustee of your new IRA or employer plan. The check is made payable to the new institution, not to you. You never receive the money. Nothing is withheld. No tax is triggered. This is the cleanest, safest method. An indirect (60-day) rollover means Fidelity sends you a check for the distribution amount, with 20% already withheld for federal taxes. You then have 60 calendar days to deposit the full original amount — including the 20% withheld — into an eligible retirement account. If you do not replace the withheld 20% from your own funds, that portion is treated as income distributed to you and may be subject to the 10% early withdrawal penalty. The IRS later refunds the withheld 20% as a tax credit when you file your return — but only if you can first front the replacement funds. The practical lesson: always choose the direct rollover unless you have a very specific reason to need temporary access to the cash.

Can I roll over my Roth 401(k) to a Roth IRA without paying taxes?

Yes — a direct rollover from a Designated Roth Account in a 401(k) or 403(b) plan to a Roth IRA is generally tax-free and penalty-free. Because the money was contributed after-tax (you already paid income tax before it went into the Roth 401(k)), rolling it to a Roth IRA does not create any new taxable income. There are two important nuances to understand. First, for a distribution from a Roth 401(k) to be a “qualified distribution” — meaning both contributions and earnings are tax-free — you must be at least 59½ and have had the Roth account for at least five tax years. If neither condition is met, the earnings portion is taxable when distributed (though not the contributions themselves). Second, when you roll a Roth 401(k) into a Roth IRA, the five-year clock for the Roth IRA starts from the date of your first Roth IRA contribution — which may be earlier than your Roth 401(k). If you already have an established Roth IRA, the rollover inherits that earlier start date, which can work in your favor for meeting the five-year rule.

I missed the 60-day rollover deadline. Is there anything I can do?

Yes, there may be options — but act immediately. There are three possible paths depending on your situation. Automatic waiver: A very limited set of circumstances qualify for an automatic 60-day extension — such as when the distribution was deposited in an account you reasonably thought was an eligible retirement account, or when a financial institution made an error. Self-certification: Under Revenue Procedure 2020-46, you may make a written self-certification to the receiving IRA trustee or plan administrator that you qualify for a waiver based on one or more of 12 specific reasons listed in that Revenue Procedure — including serious illness, military service abroad, postal error, or being unable to complete the rollover due to death in the family, among others. You do not need IRS approval for self-certification; the plan or IRA trustee can accept it. Private Letter Ruling: If none of the above apply, you can apply to the IRS for a formal waiver, which requires a nonrefundable user fee and takes months to process. In any case, consult a tax professional immediately upon missing the deadline — prompt action can sometimes preserve options that disappear with further delay.

What tax forms will I receive from Fidelity after a rollover or distribution?

You will receive two key IRS forms. Form 1099-R is sent by January 31 of the year following the distribution. It reports the gross distribution amount, the taxable amount, and any federal income tax withheld. Box 7 contains a distribution code that tells the IRS (and you) the reason for the distribution — code G means a direct rollover, for example. For a direct rollover, the taxable amount in Box 2a will typically be zero. You must still report the distribution on your tax return even if you owe no tax. Form 5498 is sent by the receiving IRA institution in May (after the April tax deadline) to report that a rollover contribution was made to an IRA. This form is for informational purposes only — you do not need to attach it to your tax return, and you do not need to wait for it before filing. If you rolled over funds from a Roth account or made a traditional-to-Roth conversion, you may also need to file IRS Form 8606 to track your basis and calculate any taxes owed on the conversion.

I inherited a retirement account. Do the same rollover rules apply to me?

Your options as a beneficiary depend on your relationship to the original account owner. Surviving spouse: A surviving spouse who inherits a 401(k) or IRA has the broadest options — including rolling the account into their own IRA as if it were their own contribution, which resets RMD rules based on the surviving spouse’s age. Non-spouse individual beneficiary: Since the SECURE Act 2.0, most non-spouse beneficiaries must deplete the inherited account within 10 years of the original owner’s death. Annual RMDs are generally required during the 10-year period if the original owner had reached their required beginning date. Non-spouse beneficiaries cannot roll inherited accounts into their own IRAs. Eligible designated beneficiaries (minor children, disabled or chronically ill individuals, and individuals within 10 years of the original owner’s age) retain the option to stretch distributions over their life expectancy. The 10% early withdrawal penalty does not apply to distributions from an inherited retirement account, regardless of the beneficiary’s age. Consult a financial advisor or tax professional to ensure you understand the specific 10-year depletion rules and annual RMD requirements that apply to your inherited account.

What is the NUA rule, and should I consider it instead of rolling over my employer stock?

Net Unrealized Appreciation (NUA) is a special tax rule that can apply when you receive employer stock in a lump-sum distribution from a qualified retirement plan. Under the NUA rule, instead of rolling the employer stock into an IRA (where all future withdrawals would be taxed as ordinary income), you take the stock as a physical distribution and pay ordinary income tax only on the stock’s original cost basis — what the plan paid for the shares. The difference between that cost basis and the stock’s current fair market value (the “net unrealized appreciation”) is not taxed at the time of distribution and is instead taxed at the lower long-term capital gains rate when you sell the shares. For example: if your plan acquired shares at a cost basis of $10,000 and those shares are now worth $80,000, rolling the stock into an IRA means the entire $80,000 (plus future growth) is eventually taxed as ordinary income. Keeping the stock under NUA means you pay ordinary income tax on $10,000 now and capital gains rates on the $70,000 NUA when you sell. This strategy is most valuable when the NUA is large relative to cost basis and your ordinary income tax rate is significantly higher than the capital gains rate. It is complex and has specific eligibility requirements — consult a tax professional before deciding.

Sources: IRS Notice 2020-62 (complete notice requirements; 30-day minimum; direct rollover default; withholding rules); Fidelity Special Tax Notice 402-f.pdf and 450755.35.0 (all questions reflect language from Fidelity notices); IRS Publication 590-A 2025 (inherited IRA options; SECURE Act 10-year rule; eligible designated beneficiaries; surviving spouse rollover); Rev. Proc. 2020-46 (12 self-certification reasons; written certification process); IRS Form 1099-R Instructions 2025 (Box 7 codes; Box 2a taxable amount; Form 5498 informational); IRS Form 8606 Instructions 2025 (basis tracking; Roth conversion reporting); IRS Topic 412 (NUA lump-sum distribution; capital gains rate on appreciation); Institutional Fidelity 2026 (SECURE 2.0 RMD rules; 10-year depletion rule for non-spouse beneficiaries)

📍 Find Free or Low-Cost Tax and Retirement Help Near You

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📋 The 7 Most Common Special Tax Notice Mistakes — and How to Avoid Each

Accepting a distribution check instead of requesting a direct rollover. Once Fidelity writes a check to you, the 20% withholding is automatic and the 60-day clock has already started. Always call Fidelity before any distribution is processed to confirm you want a direct rollover to your chosen IRA or plan.
Forgetting that the 60-day clock runs from the date of receipt, not the date of deposit. If you receive a check on January 15 and intend to roll it over, you must complete the deposit by March 16 — regardless of weekends, holidays, or any delay on your end. Mark the calendar the day the check arrives.
Not replacing the 20% withheld amount when doing a 60-day rollover. If Fidelity withheld 20% before sending you a check and you deposit only what you received, the missing 20% is treated as a taxable distribution. You must cover the gap with other funds and wait for your tax refund to recover the withheld amount.
Rolling over a Required Minimum Distribution by mistake. RMDs are not eligible rollover distributions. If you receive your annual RMD and accidentally deposit it into an IRA, the IRS treats it as an excess contribution subject to a 6% excise tax each year until corrected. Always confirm which portion of a Fidelity distribution is the RMD and which portion is eligible for rollover.
Doing more than one IRA-to-IRA indirect rollover within 12 months. Since 2015, you may complete only one rollover from any IRA to any IRA in a 12-month window across all your IRAs. A second rollover in the same 12-month period is a taxable distribution. Use direct trustee-to-trustee transfers — which have no limit — whenever consolidating IRAs.
Converting pre-tax funds to a Roth IRA without planning for the tax bill. A Roth conversion is a taxable event in the year of conversion. Converting $50,000 of pre-tax 401(k) money adds $50,000 to your taxable income — possibly pushing you into a higher bracket, increasing Medicare premiums, or affecting other income-tested benefits. Plan conversions in low-income years and consider converting only the amount that fills your current tax bracket without crossing into the next.
Not getting Form 5498 or confusing it with a form that must be filed. Form 5498 from Fidelity (or any IRA custodian) reports your rollover contribution but arrives in May — after the April tax filing deadline. It is informational only and does not need to be attached to your tax return. Do not delay filing your return waiting for it. The information you need for your return comes from Form 1099-R, which arrives by January 31.

📞 How to Contact Fidelity About Your Special Tax Notice

Workplace retirement plans (401k/403b/pension): Call 1-800-343-0860 or visit NetBenefits at netbenefits.fidelity.com — specifically for employer-sponsored plan questions, distribution requests, and direct rollover setup.
Personal IRA accounts at Fidelity: Call 1-800-343-3548 or log in at fidelity.com — for rollover IRA setup, transfer requests, Roth conversion questions, and Form 1099-R questions.
Fidelity Investor Centers (in-person): Walk-in appointments available at branches nationwide. Use the map above to find the nearest location. Advisors can walk you through the rollover options form while you are present.
IRS directly: For questions about the underlying tax law — not Fidelity’s specific account rules — call IRS Taxpayer Assistance at 1-800-829-1040 or visit irs.gov. IRS Publications 590-A, 590-B, and 575 cover all rollover and distribution rules in full detail and are available free at irs.gov.
Signature guarantee requirement: If your distribution or rollover exceeds $100,000 and does not go directly to a rollover account, Fidelity requires a Medallion Signature Guarantee (not a notary seal). Available at most banks and credit unions. Plan for this in advance if your distribution is large.

Important Disclaimer: This content is provided for general educational and informational purposes only by BudgetSeniors.com. It does not constitute legal, tax, or financial advice. Fidelity, Fidelity Investments, NetBenefits, and related names are trademarks of FMR LLC. BudgetSeniors.com is not affiliated with or endorsed by Fidelity Investments or FMR LLC. All tax rules, deadlines, penalty rates, and IRS regulations referenced are based on sources available as of March 2026 and are subject to change by Congress or the IRS at any time. Individual situations vary significantly — always consult a qualified tax professional, enrolled agent, or financial advisor before making any distribution, rollover, or conversion decision. IRS Publication 590-A, 590-B, 575, and Form 5329 Instructions are available free at irs.gov and contain the complete authoritative rules.

Sources: IRS Notice 2020-62 (safe harbor; 402(f) requirement; all withholding language); Fidelity Special Tax Notice 402-f.pdf (fidelity.com/bin-public/060) and 450755.35.0 (nb.fidelity.com/bin-public/600); IRS Publication 590-A 2025 (RMD cannot be rolled; one-per-year IRA rule; Roth conversion; excess contribution; inherited IRA SECURE Act); IRS Publication 590-B (qualified Roth distributions; 5-year rule; beneficiary options); IRS Publication 575 (lump sum; NUA; annuity income); IRS Form 5329 Instructions 2025 (10% penalty exceptions complete list; SECURE 2.0 additions); IRS Form 8606 Instructions 2025 (basis tracking; Roth conversion reporting); IRS Form 1099-R / 5498 Instructions 2025 (Box 7 codes; Form 5498 informational; rollover reporting); IRS Topic 412 (NUA capital gains); IRS Topic 413 (60-day; direct rollover; waivers); Rev. Proc. 2020-46 (12 self-certification reasons); Institutional Fidelity 2026 (RMD age 73; 25% missed-RMD excise; SIMPLE IRA 2-yr rule; PLESA; LTC insurance exception; signature guarantee >$100K); Empower/IRS Dec 2025 (60-day indirect rollover mechanics; withholding replacement)

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