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| | American Century | Rollover IRA Q & A - 401k information, Direct Rollover, Brokerage IRA (Site not responding. Last check: 2007-10-12) |
 | | Depending on your company plan, you may be able to transfer your company stock directly to an American Century Brokerage Rollover IRA without liquidating the assets. |
 | | If you were eligible to receive a $50,000 lump-sum distribution, but received only 40,000 because 20% was withheld, you still must make a rollover contribution of $50,000 (the $40,000 distribution check plus $10,000 of your personal funds, to cover the amount withheld) to avoid taxation. |
 | | Rollover IRA begins with $50,000 until the lump sum is withdrawn, at which time taxes are paid. |
| www.americancentury.com /rollover/learn/qna.jsp (1860 words) |
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