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Subject:  Re: Multiple rollover problems and 1099-R Date:  3/27/2008  9:00 PM
Author:  CarHasAnts Number:  99806 of 124774

The accounts were titled just plain "Carl", but there are some obscure product type / codes which I think means IRA or Roth IRA. I will verify this.

Yes, there was only one set totaling 30k.

Tracing one of the Traditional IRA accounts money path, from the bank's records: (???? Indicates that I am unsure about the information, or I will obtain it).

DATE = ????
Close Account #????????
Traditional IRA from DaisyInsurance
Issued check = $15000 ????

Open Acct # 123456, Deposit $15000
IRA money market
Check from DaisyInsurance

Close Acct # 123456
Early distribution, $15001
Where did the money go?????

It looks like a problem to me right now because the first transaction was a check issuance, (is it automatically considered a distribution? even though it probably is within 60 days?)

and then the bank recorded a second early distribution.
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