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01/12/06 12:15 AM

#18499 RE: Dwain #18498

It was originally a company 401K which transfered several years ago upon retirement to a Regular Ira and have been converting it to a roth the last 3 years. If yours is with your co. you will not be able to transferuntil you retire with that co. If your 401k is self directed than you can transfer to a regular IRA without any penalty and once in an IRA you can the convert to a Roth IRA but you will have to pay taxes on the amount you convert for that year. You can go here for more info.

http://www.rothira.com/