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To KAT, Thanks - very clear now.
On another note: I have substantial money in a 403b (not working there anymore, so available for rolloever to IRA, thence to Roth if I choose). I've heard 403b accounts have special "early withdrawal rights?". Are there any substantial benefits to leaving it in a 403b? I'm seriously considering converting it to an IRA for now (to self direct it into stocks, since I have made substantial profits in it over the years, but only available through Fidelity - had it in Magellan, fortunaely, so did well). I would like the freedom of buying individual stocks over the next 15-18 years. Too much money to pay the tax for conversion to Roth, but may convert some of it by using the Roth assets (I've worked all the numbers, and know all the arguments - it will work for me for greater than 15 years). Anyhow, thoughts on staying with 403b (Mutual funds only), vs IRA or Roth (e-trade, etc) to self-direct investments?
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