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<< I started an IRA rollover account with E*Trade and following their directions, I had my old 401k plan administrator send the rollover check to Etrade. Upon receiving my check, Etrade promptly deposited that check into my non-IRA account. I have spent the past eight days trying to get this error corrected. On my first call to Etrade, I was told that it would take 48-72 hours. It is now well beyond that time and it appears that Etrade is unwilling to correct their error. >>

I agree with everything in the prior response. I just want to caution you that this MUST be resolved within 60 days of when the check was cut by the 401(k). If push comes to shove, jump through whatever hoops you need to with E-Trade to get the money from your taxable account to your IRA. (This can be handled as a rollover with you in the middle rather than a trustee-trustee transfer, if necessary.) After it's straightened out, you'll have plenty of time to move your accounts, which I imagine you'll want to do.

TMF ExRO
Phil Marti
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