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I am retired for 3 years. My 401k plan is > $500k and contains one stock which is an electric utility. It has increased in value over the last several years by close to 50%. It is large enough that I am considering diversification. A financial planner told me years ago there was a special tax treatment for a 401 k plan that contained a single stock from the company one worked for. The tax treatment dealt with how the stock appreciated in value.

Does anyone have information about this.
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