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401K to IRA Direct Rollover Period


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Guest MWM92111
Posted

Does anyone happen to know if there is a Federal or IRS requirement, regulation, etc., as to the number of days, a 401K plan administrator has to perform a direct transfer of a clients funds into his/her newly designated IRA account...Especially if the original 401K account's funds have been previously removed?

I'm guessing it is seven.

Thanks!

Mark

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