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Asked 1/11/2011

How can I xfer all funds from 401k to IRA after taking distribution recently, without waiting one year?

I recently took a small distribution from my 401k (Jan 2011). Now I'd like to transfer all my 401k funds to a traditional IRA, but the plan administrator tells me - since I took a distribution, I have to wait one year. I'm told that the only way around the wait is to actually quit my job. Is this true?

 
 
 
 
 
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