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Author: hcbg Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 25247  
Subject: 401K Liquidation? Date: 6/21/1999 1:35 PM
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<<I work for an advanced-media health care communications company that
was acquired by a huge advertising multi-national conglomeration 2.5
years ago. Prior to the acquisition our 401K was self-directed. I
am holding stocks about 1/5 of my portfolio and conservative mutual
funds. We were recently told by our new parent company that they are
merging our old self-directed 401K with their corporate plan and that I
would have to liquidate all my current holdings by August 15. Since that
money is technically mine, can they make me move it all? I understand
that further contributions will have to go to the new 401K company
Fidelity - but do I have to move everything? If so don't they have to pay
the associated fees.>>
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