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I checked in the FAQ, but couldn't find the answer to my question.

I am going back to school full-time, right now I don't have the time to look into long-term investing strategies and need a temporary solution until I decide the best course of action.

How long could I keep my 401K in a rollover-IRA account? (I will be in school for about 6 years) and can I transfer that into a brokerage account (or other type of retirement investment from the rollover-IRA or am I limited to putting it back into a 401K plan?

You can keep it in a rollover IRA as long as you want. The rollover account can be a brokerage account if that is what you want. Remember, the purpose of a rollover IRA is to keep the former 401K assets (and any income they earn) separate from other IRA funds. If you do not want to roll these assets into another 401K plan, you can comingle them with your other Traditional IRA funds. Generally you have more choices in IRAs then you have through 401K plan.

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