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403(b) FAQ

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Is There a Maximum IRA Transfer or Rollover?

In most cases there is no limit on the amount you may transfer or roll over into an IRA because you are simply moving the money from one type of retirement plan to another. You may transfer or roll over your IRA regardless of your age. However, if you are 70½ or older, you must receive a minimum required distribution from your IRA each year. This should be taken into account in planning your rollover.

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Updated: Tuesday, December 04, 2007 12:04:16 AM  Eastern

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