Replies to post #43070 on Phoenix Associates Land Syndicate (fka PBLSQ)

[PBLS Roars]

If that's true with Fidelity then it must be an IRS reg and would apply to any firm correct?

[Russian-Trader]

Don't know how fidelity handles it but when you take it out you will get a 1099 and as long as you put it back in there are no penalties. Just like a roll over.