Thread: IRA contribution
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Old 02-28-2006, 10:09 PM
lefty lefty is offline
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Default Re: IRA contribution
Yes, she would contribute to it as a traditional IRA. Minimum balance is not a problem since she will contribute the max for 2005, $4500 (over 50 years old). I guess I am assuming that since the account reads "Rollover IRA" it was a true traditional IRA rather than 401k. Is it possible for a 401K to be rolled over to an IRA?
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