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Author: chazsoccer Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121189  
Subject: 401K&Pension rollover to IRA Date: 1/18/2000 11:46 PM
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Due to the ever changing world of high tech employment, I had the opportunity to rollover funds from the 401K plan at my former employer and a mandatory lump-sum disbursement of my pension/retirement fund from another previous employer.

So, in February of 1999 I rolled over the entire sum into an IRA.

More good news, I got laid off at Christmas, leaving me with about $3,000 in that 401K plan.

QUESTION 1] Is there anything I need to report on my taxes with regards to the Feb 1999 rollover into an IRA?

QUESTION 2] What are my options with the $3000 in the 401K? I need to move it somewhere...

QUESTION 3] Can I create and contribute to an education IRA for a neice or nephew?

All replies and suggestions taken foolishly, thanks in advance!
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