I think it will all work out perfectly fine. Like others, I do multiple in-plan conversions per year over the phone with Fidelity. I'd say I've done at least a dozen. Twice they have made a mistake, nothing on the order of magnitude of yours, but still something that needed to be corrected.I am having quite a sweaty weekend myself. But I am confident, since I had the agent speak out the conversion dollar amount.
In both cases, they needed to review the conversation and the notes, and ultimately they ruled that it was their error. In both cases, I was "made whole" with respect to market movements since then. Each took a week or so to properly correct, and the agents were super helpful in explaining everything at every step.
So, have hope and please post again when you have it all worked out. I am confident it will all be fine.
Statistics: Posted by loadba:lanced — Sun Aug 25, 2024 6:58 pm — Replies 12 — Views 1276