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Subject:  Re: 401 k direct rollover vs. transfer to IRA Date:  10/15/2002  12:27 PM
Author:  vkg Number:  61724 of 127513

You do not have to cash out an IRA to move it.

Contributions to an IRA must be cash but this does not apply to rollovers.

If the receiving administrator is willing to receive the mutual funds and stock held then the funds can remain in the same mutual funds.

Your company's employees may have limited knowledge. Call the number you have for the actual plan administrator. Most administrators make it very easy to move a 401K to an IRA they control.

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