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From: daniel@ihu1h.UUCP (D.F.Webster)
Newsgroups: net.taxes
Subject: Rollover to IRA
Message-ID: <176@ihu1h.UUCP>
Date: Mon, 12-Mar-84 16:54:17 EST
Article-I.D.: ihu1h.176
Posted: Mon Mar 12 16:54:17 1984
Date-Received: Tue, 13-Mar-84 19:28:15 EST
Organization: AT&T Bell Labs, Naperville, IL
Lines: 16

I have a question that I hope someone out there has an easy answer for.

	My father-in-law once again is ready to buy an IRA. He has decided
to take the money from his company savings plan (partial distribution) and
buy it. I know that you can rollover lump sum distributions up to the money
you put in, but can you rollover a partial distribution?
	The question arises because he has never taken a distribution and
had not planned on one until he retired, but he can make almost the same
amount of interest on an IRA. It seems to me that this would be the best
way to go, because you are in effect getting a deduction for company
savings money. (Remember his partial distribution is otherwise taxable)

	Any help would be greatly appreciated.

		Daniel (no-relation-to-the-dictionary) Webster