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Author: Goofyhoofy Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: Elementary, my dear watson Date: 2/4/2000 8:31 PM
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I'm quite sure this is a simple one, and I've had such great luck on this board before I thought I'd ask...

I have a 401(k) still with a former employer. It's about $500,000; they tell me that if I roll it out, around $100,000 will be taxable because it was "after tax" contributions. Can you tell me the rate at which it will be taxed? (I'm currently in the ~~40% bracket, and I'm thinking that's the answer, but I don't know.)

I also have a chunk at MSDW which I'm thinking of rolling into the same self-directed IRA (at Schwab) and I assume (and I know how to parse that word) that there won't be any tax implications there, as long as I do it right. Right?

[I've let this linger for far too long, but along with the 401(k) I have at my current employer, the list of "funds" and such is getting ridiculous. And besides, I think I can do better myself. Based on results of my regular port over the past 15 years, I'm sure of it.]

Thanks.
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