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<<I am a newly retired teacher with 60K that I must rollover from my pension fund into an IRA.>>

There are many valid reasons to rollover your funds into an IRA, and I would recommend doing so.

But why "must" you? ???? Pixy ????

I'm not sure about not-for-profit or governmental plans, but I know you can't be forced out of a 401k plan if you have more than a $5,000 vested balance.
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