401K rollover

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L1: 401K rolloverI have a 401K with a company I used to work for. I would like to rollover 70% of the 401K to an IRA with another mutual fund company and leave the 30% that is in company stock in the 401K, with hopes that it will someday rise from its current $2.00/share.
Is this possible?2005-02-21 11:07, By: edgemont, IP: [66.188.207.208]

L2: 401K rolloverHello Edgemont:
The answer to your question is ‘it depends’ on the rules of your 401(k). Maybe you can and maybe you can’t. Start by asking the people at your old company who handle this, usually the HR Office. If they don’t know then ask for the custodian phone number so you can talk with them.
Jim2005-02-21 11:13, By: Jim, IP: [70.184.1.35]

L2: 401K rolloverThanks Jim2005-02-21 11:19, By: edgemont, IP: [66.188.207.208]