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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