Avrum Lapin wrote:
> 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.
> 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 401k (but not the gains there on) can be withdrawn first without tax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.
I certainly could withdraw it, but I don't want to. The goal is to get
it into a different tax-advantaged account with better options than the
company 401(k).
Brian
--
If televison's a babysitter, the Internet is a drunk librarian who
won't shut up.
-- Dorothy Gambrell (http://catandgirl.com)
--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators
strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM
THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on
the
Newsgroup.


|