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Author: chchoi Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: Re: 60 day rollover: use of funds Date: 1/28/1998 11:09 AM
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Sorry, I forgot to mention that I would be rolling over into a Roth IRA. What I want to do is not pay taxes from the principal amount of the rollover, yet not have to go into other funds either. I was considering purchasing stock & writing out of the money covered calls for 2 months, and setting aside the premium for the taxes. (I understand the risks of this as I frequently write covered calls in my IRA account).
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