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practice problem thanks for help Jim has a $2,500 balance in his employer 401(k) that is all of his own contributions (no employer match). He
practice problem thanks for help
Jim has a $2,500 balance in his employer 401(k) that is all of his own contributions (no employer match). He has left his company and started a new job with a different employer. Which statement regarding Jim's account balance is true? Jim can keep the balance but cannot roll it over Jim would be taxed on the balance he leaves behind Jim can request that his account balance be rolled over to a traditional IRA Jim would forfeit the balance Step by Step Solution
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