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I rolled my last employer's 401k money into Putnam's Class B Mutual funds, being suggested by my Credit Union Investment Advisor. I just finished reading that you should never invest in these types of shares due to the cost....I did it before I discovered The Motley Fool! My question is..Can I move the money into a better Mutual Fund or a Roth IRA without being penalized or taxed?

Thanks in advance.

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