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The Downside to an IRA Rollover From Your Former Employer's 401(k) Plan
CNNfn.com Link to more items from this source
Aug. 30, 2000
Excerpt: There are certainly advantages to rolling over your 401(k) into an IRA. Greater investment flexibility is chief among them. But there also may be a distinct disadvantage. Money in an IRA is more vulnerable to claims made by creditors if you file for bankruptcy or are sued.

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