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Author: jmbellv One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75530  
Subject: Re: Capital Gain? Date: 5/21/2001 12:59 AM
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Feline Avenger,

I think I'll need to talk to the 401k people at work. Vesting is not the problem, and the company is indeed publicly traded. The only thing I can make out is that the stock money is always referred to as a stock fund, and price is quoted in "equivalent shares," or at least it used to be until about a year ago when Fidelity took over managing the plan.

It's good to know that only income tax would come out, and we don't have to agonize over the cost basis, captial gains, etc. I didn't realize this was the case, and it would have been a difficult task since we've had this plan since about 1978.

Thank you for your insight.

jmbellv
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