@fanfare wrote:
"It would be up to Capital Bank & Trust to accept the self-certification and complete the rollover."
It doesn't have to be Capital Bank and Trust, it could be any custodian like Vanguard or TD Ameritrade.
For example if he opens a TD Ameritrade IRA account, use the "60 day rollover" option on the contribution page.
Custodian is required to accept your "60-Day-Rollover" rollover indication. You have until July 15 to make it happen.
Your bank account must be linked for ACH transfer.
Read the thread. This happened a year ago. The "self certification"is to the financial institution that made the error and has the money in another account, not some other financial institution that was not involved.
Vanguard or TD Ameritrade did not receive the check a year ago and put it in the wrong account, Capital Bank and Trust did only Capital Bank and Trust can fix it.
And the OP no longer even has a check from the 401(k) plan to deposit in any account.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
