401k rollover question
Last year I changed employers and rolled my 401k over from the Fidelity 401k administered through my employer to a rollover IRA (still) with Fidelity.
This was last summer. In January of this year, my former employer deposited ~ $200 into that old 401k. Since I had already rolled the 401k to an IRA, there was only ~$200 sitting in that account. Since the dollar amount was so low they cut me a check to disperse the money to me. My plan had been to just roll it into the rollover IRA, but since the check was dispersed to me before I initiated the rollover I now have a $200 check.
Is there any way I can still get this into the rollover IRA without paying taxes and penalty on this? Or am I SOL and just going to be able to take it and invest into the rollover IRA as a contribution for this year and then pay the taxes/penalty on the ~$200?