401(k) rollover error by administrator
I initiated a payout of my 401(k) directing the administrator to pay after-tax contributions to me, to distributed Employer shares to a taxable brokerage account using the NUA provision, and to rollover the remainder of the 401(k) funds to a rollover IRA. The administrator instead rolled over the after-tax contributions to the IRA.
Can I get this reversed without running afoul of IRS regs?
Permalink Submitted by Al Fry on Sat, 2008-02-02 18:24
Were these pre-1987 amounts that were separately accounted for?
Permalink Submitted by Michael Schade on Sat, 2008-02-02 18:45
Approximately 40% were pre-1987 after-tax contributions that were separately recorded.