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Reply to "Roll law firm 401k into fed TSP?"
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[quote=Anonymous]1. it doesn't matter if the law firm goes under. that money will not be affected by that. 2. you will not incur any tax penalties if you roll over your 401k balance into an IRA. 3. I may be wrong about this, but I don't think you can do a backdoor roth conversion if you roll the balance into an IRA. I think you would incur tax penalties because of the amount. (again, I could be wrong about this.)[/quote]
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