Leaderboard

Id say it is the opposite. The 1099-R reflects the distribution, which is $10,000. The fee is just that, a fee, not a distribution, so why would you need to gross up what you are asking for? The fact that the fee is charged because of the distribution doesn't make it part of the distribution.

Isn't that the opposite of what has been suggested?

I am siding with the plan on this one. You were notified at least 30 days before the blackout by phone and by mail by your broker that you needed to move the money. Since blackout notices are such an integral part of the conversion process these days, I would also have to believe that a notice was mailed to you in November from the employer. The broker told you that the money was being moved by 12/31/17 or sooner. Since 12/31 was on a weekend, it would have to be ordered sooner. Since the trades would need to settle by 12/29 for year end purposes, ordering the trade on 12/27 would be the most logical day to start the process. As of 12/29, all accounts would be closed at the old recordeeper and there would be no logistical way for the recordkeeper to even re-buy the money into the funds . Unfortunately, you will need to wait until the blackout is lifted and then request a distribution of funds to your IRA and buy into investment options that you choose.