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Rollover of 403(b)

Guest Barbara

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Guest Barbara

I plan to retire on Dec 31, 1998. My organization has told me that I will not be able to rollover my 403(B) until May, 1999. I would like to rollover the funds by Jan 31, 1999 to begin accruing interest. If my organization holds the funds until May, 1999, they will accrue no interest for from Jan-May; therefore, I will be losing money. Could you cite any regulation that would help me with this concern. Thanks.

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