---
title: "Build a rollover checklist from the two account papers"
url: "https://ailawframework.com/practice/superannuation/prepare-a-rollover-or-transfer-checklist-from-the-two-fund-papers/united-states"
type: "task_jurisdiction_version"
site: "AI Law Framework"
id: "A27-A20260923-2-US"
practice_area: "Superannuation"
tier: "yellow"
lawyer_review: "required"
jurisdictions: ["US"]
last_reviewed: "2026-10-22"
---

# Build a rollover checklist from the two account papers

> List the paying account, the receiving account, whether the money is paid to the person or transferred directly, the date of receipt, and any withholding the papers show. Do not decide that the rollover is tax-free.

Canonical page: https://ailawframework.com/practice/superannuation/prepare-a-rollover-or-transfer-checklist-from-the-two-fund-papers/united-states  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Superannuation](https://ailawframework.com/practice/superannuation.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | List the paying account, the receiving account, whether the money is paid to the person or transferred directly, the date of receipt, and any withholding the papers show. Do not decide that the rollover is tax-free. |
| What the lawyer must review | The IRS rollover page says most pre-retirement payments can be rolled by deposit into another plan or IRA within 60 days of receipt, or by a direct transfer. A direct rollover from a retirement plan, and a trustee-to-trustee IRA transfer, have no tax withheld. A retirement-plan distribution paid to the person is subject to mandatory 20 per cent withholding. An IRA distribution paid to the person is subject to 10 per cent withholding unless the person elects out. To roll over the full amount the person must replace the withheld sum from other funds. Only one IRA-to-IRA rollover is allowed in any 12-month period, counting the person's IRAs together. That limit does not apply to a conversion, a trustee-to-trustee transfer, an IRA-to-plan rollover, a plan-to-IRA rollover, or a plan-to-plan rollover. A required minimum distribution cannot be rolled. A hardship distribution from a retirement plan cannot be rolled. The IRS may waive the 60 days in some cases. The waiver rules were not opened. You decide whether this payment can be rolled. |
| Written for | United States |
| Applies to | [Prepare a rollover or transfer checklist from the two fund papers](https://ailawframework.com/practice/superannuation/prepare-a-rollover-or-transfer-checklist-from-the-two-fund-papers.md) |

## Checking plan

- What the AI does: List the paying account, the receiving account, whether the money is paid to the person or transferred directly, the date of receipt, and any withholding the papers show. Do not decide that the rollover is tax-free.
- Basis: Checked against the linked sources on 22 October 2026. Confirm the current instrument before reliance.

## Notes

- Do not apply the one-rollover-a-year limit to a direct trustee-to-trustee transfer.
- Do not state the grounds for a 60-day waiver. That page was not opened.

## Sources

- [IRS, Rollovers of retirement plan and IRA distributions](https://www.irs.gov/retirement-plans/plan-participant-employee/rollovers-of-retirement-plan-and-ira-distributions) (checked 2026-10-22)
- [ABA Formal Opinion 512, Generative Artificial Intelligence Tools (29 July 2024)](https://www.americanbar.org/content/dam/aba/administrative/professional_responsibility/ethics-opinions/aba-formal-opinion-512.pdf) (checked 2026-10-22)
- [ABA Model Rule 1.1, Competence](https://www.americanbar.org/groups/professional_responsibility/publications/model_rules_of_professional_conduct/rule_1_1_competence/) (checked 2026-10-22)

## Forms and precedents for this task

| Form or precedent | Kind | AI level | Summary |
| --- | --- | --- | --- |
| [SMSF rollover checklist](https://ailawframework.com/precedents/superannuation/smsf-rollover-checklist.md) | Checklist | Green | A checklist for an SMSF rollover in or out: the electronic message and the separate payment, the three-business-day period, the payment reference, and the exceptions the rollover page lists.… |

Signed-in accounts can read the full text of each one.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*