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<<I will be taking a distribution from my company's 401k later this year. Can I roll part of it into a
Roth Ira?>>

<< As the law is currently written you cannot roll directly from a 401k to a Roth IRA -- but you can
roll from a 401k to a regular IRA and then, if you qualify to do so, roll some or all of the regular
IRA to a Roth IRA. >>

What do you mean by "if you qualify"? Is that the one
year between rollovers rule?

I too would like to rollover my former company's 401(k) into a (self-directed) Roth IRA but am not sure I can make the special 1998 deadlines for the Roth IRA. How long must I wait?

Cudos, by the way, to TMFTaxes and KAT. Thanks for all the great info.

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