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Below, a poster asked about limits for a 401(k) rollovers/transfers into a self directed IRA or a company like Vanguard. I wanted to ask for a clearing up on this issue.

1) If at the end of employment you decide you want to either rollover or transfer your entire 401(k) (let's say you contributed a max. of 10,000 (agi limits accounted for) and also had earnings), you can do the whole amount, not just the IRA maximum of 2,000 for contributions?
Given the piss-ass poor mutual funds offered by most companies, wouldn't it be "Foolish" to always, at the end of employment, rollover/transfer into say a Vanguard Index Fund or better yet, a self directed "Foolish Four" account managed by me?

3) If I transfered my 401(k) into an Index fund it could stay there tax deffered until I start collecting at permissable retirement age?

4) If I opted to manage my account, say a "Foolish Four" with an online Broker, how would the selling and buying of equities at years end be treated? If I never received gains as a check but were just reinvested in more shares or different equities would it continue to gather tax deffered?

Thanks You very much. I'm amazed at the quality of help, unselfishenss and professionalism on this site. It's amazing what people can accomplish together.
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