I would like to know whether the right to make rollovers from a 401K to an IRA is provided by law. I am a few years from retirement and have a large enough 401K that I am unprepared to reinvest the total amount upon retirement. I found last year after reaching age 59.5 I can make unrestricted rollovers of any or all to an IRA. So I have been moving $20,000 each month to an IRA. By continuing this until retirement, the outstanding 401K balance will not be too large for me to handle.I expect the company to be sold this year. I am concerned that the new owners might not allow me to continue the rollovers. So is the rollover before retirement a company option or is it required by law?
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