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Understanding that 401Ks can be rolled over into a traditional IRA upon retirement I am presented with a question to which I find no black and white answer (IRS for 590 etc). In a very short amount of time I will be changing jobs. I was wondering whether or not I can use the changing of my job as an opportunity to rollover my 401K balance (if possible) into a self directed IRA. I would prefer to rollover my 401K into an IRA due to the number of investment options. Although I will participate heavily in the new 401K plan I would like the additional options an IRA provides. I would appreciate any insight anyone has on this issue.
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