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We have heard many times on this board that if you do not do a direct custodian to custodian transfer, the custodian is required to take withholding from your check. You then must replace the withholding portion from other sources or it gets treated as penalty distribution.

So TRowe Price is the traditional way. That you talked others into not taking withholding is great, but check your numbers carefully. I think its the law.

Fortunately most people do these conversions rarely. Once for every employer with a 401K program, and once its converted to an IRA, transfers get easier (but you still have the withholding problem when you get a check in your name).
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