December 20, 2010 at 4:09 pm
Ok, I’m at the end of my rope on this, so I’m going to beg. This is me begging. Is anyone out there a tax adviser or tax attorney who can give me free advice? Last year I rolled over a 401K into a traditional IRA. This year my old employer sent me a letter saying that they can’t do math correctly and they rolled over an extra couple thousand dollars because of a vesting error, which they’d like back now. I have talked to several people, from my IRA custodian, Marketplace Money, a free legal-aid pension lawyer, and even the IRS. Yes, I voluntarily called the IRS. That is how crazy this shit has made me. I have Googled and researched and asked for help and wasted at least 8-10 hours of my life trying to figure this mess out, but I still have no fucking clue how to remove this money from the account with little or no penalties or excess fees. Can anyone help me on this? Please, Dear God. The end of the tax year is coming up and I need to do what ever I’m going to do NOW.
I do understand that time and expertise are worth money, since that is how I make a living as a freelancer. So, part of me knows it is hypocritical to ask for free advice about this. However, since it was in no way my fault that this incident happened, I don’t think I should have to pay for my old employer’s mistake. Please take mercy me. Please, please, please. Thank you.
Update: Thank you, everyone! Your comments have helped a lot and I think I know how to resolve this issue now. Thank you for being the best blog readers ever!