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First of all, I thought I should start a new thread because the "other name for senior citizen" thread was getting a little bare, if you know what I mean.

When I retired from my government job I decided to withdraw the entire balance of my 401(k). Well, the mechanics of the plan required that I transfer all the assets from a self-directed brokerage account to one of the "standard" funds for withdrawal. Because of the timing of the withdrawal and the involvement of two third parties - the plan administrator and the brokerage firm - my "total" withdrawal left about $50.00 in the account. I requested a subsequent withdrawal to close out the account (I thought) and now the account has a balance of $.03. I'm tempted to request another withdrawal just to see how long this could go on. I guess the plan administrator hasn't had to cash out a self-directed brokerage account before. I wonder who'll end up with the money if I just let it go.

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