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Again, my condolences on your loss.

My earlier response was incomplete. I failed to ask whether your wife's mother had begun taking distributions before her death. The answer to this question will affect your choices.

In any event, with a 2002 date of death, you have until the end of 2003 to commit to a plan. You should review IRS Pub. 590, Individual Retirement Arrangements, particularly the section beginning on pg. 28, "When Must I Withdraw IRA Assets?". You can get the pub at

If you still have questions, come back and ask them.

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