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Author: arrete Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 757356  
Subject: Company stock, redux Date: 1/20/2000 5:42 PM
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I've been lurking on this board and intercst's original board forever. In fact, intercst's Retire Early Home Page http://home.earthlink.net/~intercst/reindex.html was extremely helpful in prodding me into taking the final plunge. However, I must come out because there is a question that hasn't been answered.
Call me paranoid, but when you take possession of company stock in the prescribed manner under 72(t), and you pay income tax on the original cost of the stock, is the stock considered just plain stock after that? i.e. can it be "stepped up" at death like any other stock? Or is it "marked" in some way so that the heirs would have to pay capital gains from the purchase price (i.e., it would not be "stepped up" at death). It would certainly make a difference on which stocks we would spend during retirement.
You all are the best board around.

arrete
Stop before it's too late.<i/>
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