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What is a 401K or IRA rollover and what fees and taxes will I have to pay?

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What is a 401K or IRA rollover and what fees and taxes will I have to pay?

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A. A rollover involves a transfer of all, or a portion of, the monies you have accumulated in your retirement plan to another qualified program. A good financial planner will not charge a fee to organize a rollover. No taxes will be attributed as long as you do not actually take constructive receipt of the funds involved.

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