My previous employer closed all of their retirement accounts. I received a distribution check for my Roth 401k. I didn't realize that there was a check in the envelope; just assumed it was another monthly statement. I missed the 60 day window to rollover without penalty.
If I decided to keep the money and not roll it into a Roth IRA, what would my penalty be? I've had the plan for more than five years, but I'm under 50yrs old.
