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Subject:  403(b) distribution Date:  8/24/2000  4:09 PM
Author:  bruheim Number:  39075 of 127754

There is another question on the board that reminded me that I have my own question - I also recently took a 403(b) distribution from a recent former employer. The plan was designed so that employees contributed after-tax dollars and the employer matched those funds. The trustee sent me two checks, without much explanation, but I assumed the smaller one was equal to the amount of my contributions (and already taxed) and that the larger one was their matching funds plus investments gains. The larger check was rolled into a stand-alone IRA, and I put the smaller one into a brokerage account.

Does this sound right to you regulars?
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