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s there a maximum amount that can be rolled over from a 401(k) into an exisitng IRA once I leave
my job? Also, once the 401(k) is rolled over will I still be able to contribute to my IRA for the
year?


Hi Paul, I am not a true TMF Guide, just earning my keep as a fellow questioner here! Someone else needs to verify about rolling into existing IRA, but I don't think there is a limit. And YES, you can still contribute another 2K to your own IRA for this year from this year's earned income. You can also contribute another 2K to a spouse's IRA if you have at least 4K earned income between you, even if spouse is unemployed. Get confirmation from someone here. I"m just trying to help out. meowiz
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