I have an IRA money market account with Bank of America. January 2013 I opened an IRA CD with Bank of America that earned a little more interest. BOA provided me with a withdrawal form from the money market account and checked off the funds were being rolled over into another BOA IRA account. I made the assumption that all was good until I received a 1099 INT this past week for the account. When I visited the branch they said this was a regular cd and not an IRA cd. Now I am probably going to have to pay a penalty for an early withdrawal from my retirement account. In hind sight I blame myself for not paying more attention and checking the details on the quarterly statement but I was under the impression BOA set this up as an IRA account as I requested and the form indicated. I was wondering if anyone else experienced this type of situation and if I have any recourse to get this corrected so I do not pay a penalty or is this going to be an expensive lesson to be more diligent.