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I have recently resigned from my job to be at-home full time with my children. I have a 401K with my funds currently invested in a S&P index fund. Is there any reason why I SHOULD NOT roll the money out of the 401K into an IRA? I know I'll have more flexibility for where to invest my funds. I'm mostly interested in any disadvantages related to withdrawing the money from an IRA versus a 401K when I'm 59 1/2. How about for beneficiaries in the event of my death?



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