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The Taxpayer Relief Act of 1997, nevertheless, modified the rules imposed on IRA investors to allow for offshore storage. Usually, it takes now not than 14 working days for funds to successfully be credited to the brand new IRA. Once the distribution is received, you have got a maximum of 60 days to deposit it into the brand new self-directed IRA. However, you might have additional contribution room from earlier years. Should you not complete the switch to the new IRA account in time, or in any other case receive a waiver for missing the 60-day deadline, then you m