E*TRADE screwed up the direct transfers of two small IRA accounts to my 401(k) account. Instead, they cut me two checks and generated a couple of 1099s. In trying to fix the paperwork, I have run out the 60- day clock.
I should be the poster child for a waiver. (I can demonstrate that I was trying to transfer the funds without ever touching them. I have the original checks uncashed and in hand. I am literally two days outside the window. My picture is in Rev. Proc. 2003-16 with the caption, "Should Get Waiver.") Unfortunately, a waiver is a PLR and would cost $500 (per account?). Since this is only about $18,000, the size of the accounts is sufficiently small that just the PLR filing fee(s) would chew up most of the 10% penalty savings.
As a practical matter, do I have any options aside from the PLR route?
Thanks for your attention.