In article <68go8pF2s8jq3U1@[EMAIL PROTECTED]
>,
"Default User" <defaultuserbr@[EMAIL PROTECTED]
> wrote:
> In my 401(k), I have a fair chunk of after-tax contributions. That
> money is eligible for rollover to an IRA. In such a rollover, a share
> of earnings comes with it. From talking to the plan reps, it looks like
> it's about half each, that is rolling over $10k of after-tax
> contributions would bring about that much in taxable earning along.
>
The rest snipped
My recollection (1994 time frame) was that after tax money in a 401k
(but not the gains there on) can be withdrawn first without tax
consequence but once the 401k was rolled in to an IRA the after tax
dollars was treated like any other after tax contribution.
Sorry but I can't cite chapter and verse.
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