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Subject:  New Tax Law - Can 401K be rolled into an IRA?? Date:  8/12/2001  12:37 AM
Author:  nukejohn Number:  53251 of 121095

I just read an article in Money Magazine that inferred that in 2002 the new tax law allows a 401(k) to be rolled into an IRA (even if you don't leave the company's employment) as long as the company will allow you to do so.

Due to the limited mutual fund and money market options available from my 401 (k) (and their poor returns), I'd much rather roll my 401(k) into a self directed IRA and control the $$ myself.

Does anyone know anything about this?

NukeJohn

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