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Hello All,

I'm in my late-20s with a small mutual fund portfolio I put together five years ago through American Funds and Van Kampen via Edward Jones. I opted for a general account with Class A shares and not for an IRA or Roth IRA, as I was unsure at the time exactly how long I would be keeping the investments for and, ultimately, what the money was actually going to be used for.

Now that I am considering earmarking the investments for retirement, I'm interested to know the tax implications of selling my shares and/or moving the funds into an IRA or Roth. Is it at all possible to roll from a general account into an IRA? Is the initial tax hit going to offset tax savings? We're not talking about a whole lot of money here -- the entire portfolio is worth ~$5000.

Any advice would be appreciated!

-Narn Ceredir
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