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URL:  http://boards.fool.com/howdy-i-have-a-pension-plan-from-an-old-employer-20072958.aspx

Subject:  Re: Cashing out Pension to IRA? Date:  12/30/2003  2:45 PM
Author:  cliff666 Number:  38307 of 76397

Howdy!
I have a pension plan from an old employer and I'm wondering if I should keep it in place (Wachovia) or should I cash it out and invest those funds in an IRA (traditional).
I'm 52 and hope to retire at 65.
Please let me know what I should be considering here...
Thanks!
-Larry

Personally, when I have had that situation, I have rolled the funds over to an IRA. Only exception is one which offers Fidelity Funds, and I like Contrafund and Low Priced Stock Fund.

If you are happy with the performance of your Wachovia, keep it. O/W, roll it over and manage it yourself.

cliff
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