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Subject:  I Need some Help Date:  10/11/1999  4:36 PM
Author:  ties Number:  14418 of 103756

I have an IRA with General American for some years now. Since it is only earning a 6% interest, I have been advised to draw the money, pay the penalty and invest it some other type of IRA with companies earning at least 10% to 12% interest. I would have to pay the penalty which I have not found out yet, but was told it would be about $2000. or more. I am also told I would make it back within the year. Should I just leave it there making 6% or do the chances of recovering the money lost for the penalty ok? Please reply,

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