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Author: wtam Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121095  
Subject: rollover to IRA or 401k Date: 6/12/2003 11:31 PM
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I left a corporate job and started my own business, which is being run as a corporation.

I have a 401k from my previous employer that I can either roll into a traditional IRA (not a Roth or SIMPLE IRA) or into a 401k or similar qualified plan setup through my small business corp (say a defined contribution money purchase plan or something like that).

Could someone advise me on the pros/cons of moving the money into a traditional IRA versus a 401k setup by my business? Is one setup more restrictive than the other?

I would be looking for the money to be put into a self directed brokerage fund structured as a traditional ira or a company 401k plan

thank you all
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