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Author: RayBH Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 750244  
Subject: Re: Questions on leaving company and IRAs Date: 2/24/2001 1:36 PM
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tmeri,

"1) I can leave my 401k with my current employer or roll it over when I separate. Suppose I quit today and leave it alone, then down the road (years from now) I want to choose an investment not available with my current plan. Can I still roll over to another company? Can I roll over only a part of the money?"

Short answer...yes to all of above. However it is wise to check with your companys portfolio manager to see if the company has any restrictions.

"2) I want to open a Roth IRA. I am thinking of buying individual stock and making very few trades (LTBH). Ameritrade offers $0 setup and $0 annual fee for Roth IRAs and low trading costs. Are there any gotcha's with Ameritrade? What's in it for them?"

Can't help ya with that one, I use a SEP-IRA (self directed) through CSFB Direct. $20 per trade. No other charges, even for funds that they handle (which is large, all the names)Am not familier with Ameritrade..

"Does any company offer an arrangement where for a single account management fee, you can put part of your money in funds and use part to buy individual stocks?"

As I said previously I use CSFB Direct and am able to mix and match anything I desire....within reason <g>.
Check out their "propoganda".

http://www.csfbdirect.com/

Good luck.

ray






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