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I didn’t know you guys had so much fun over here and spirited dialogue too. I may have to hang out on this board more often. I’m usually on the Championship Funds boards. I will mull all this over. I do appreciate Rad’s advice. It’s a safe way to go, but he would have to pay short-term capital gains if he sold the fund in a taxable account to fund the IRA with cash. Also, it WOULD be a pain in the butt for a 20 something to reverse it although the pain in the butt would probably fall to his 60-year-old father.

I think I will quiz him when he comes home for Christmas and we can make a decision after that.

Thanks for all the great advice.

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