On May 19, 5:33*pm, Stephen.Salvat...[at]gmail.com wrote:
- quote -

There is not enough information here. Tell us what you did to do the
rollover. What paperwork do you have? Did you do the paperwork, or did
someone else? Does it say to rollover into an IRA?

Dave

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In December, I wanted to rollover my funds from a profit sharing to an
individual IRA with scudder. I thought I had done it correctly until
today when my accountant told me that it was just a regular individual
account and in effect, I had taken a distribution. It has been past
60 days. Scudder is still looking into it. If the mistake is not
corrected I will have a huge tax liablility plus penalties. Any
advice would be sincerely appreciated.

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to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
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