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I suspect you would be best off to deposit that check in a rollover IRA account. However, I believe you have 90 days from when that check was issued to do that. After that you may be looking at penalties anyway, and transfer may not be allowed.

For details get a copy of the IRS publication on IRA accounts and read the fine print. You'll find it on line (Adobe format) on the IRS site. I think its something like Publication 590.

Best of luck to you.
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