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My husband wants to retire in about 3 1/2 years. Lucent and Enrone's problems have made us more careful and we have enough company stock in his 401K that we wouldn't want to lose any, the company stock has made us the most money. If it looks like one's company is going down the tubes what can one do to protect their 401K in time? We thought if we should see his company is in trouble he could quite his job and roll the 401K over to an IRA. However, doesn't it take until the end of the quarter to either cash out or roll it over? After that amount of time it would probably be too late. Is there a good answer to the above problem? Also we're not sure, can the equities in an IRA be traded?

DW
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