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Thursday, March 11, 2010

‘Lock in losses’? Go for it

Posted by admin on March 24, 2009

Question: . I was laid off recently and want to roll over the substantial balance in my 401(k) into an IRA. But I don’t know whether to do the rollover now and risk locking in losses or wait until the market recovers and then roll it over. What do you think? Steve, Wichita Falls, Texas

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