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Author: TMFPMarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121565  
Subject: Re: EPD in 401K Date: 3/24/2007 7:04 PM
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If it is any help, the 401K in my company has a Trustee, and the K-1 I received was sent to the Trustee FBO (For the Benefit Of) me, at my mailing address, where I get all my statements.

That is a great help, and addressed to the trust is as it should be.

I wonder if I need to communicate with EPD to advise of this situation, or if it is better to just let sleeping dogs lie.

No need to contact them.

I do remember reading how this investment was different than owning a typical equity, but I sure don't remember reading anything about my little issue. I gather it is not an everyday occurance for this kind of stock to be residing within a 401-K?

I guess most 401-K's have nothing but mutual funds, but when I started with my current company, I insisted on the creation of a 401-K that could be self directed. For the past 12 years I have bought and sold nothing but individual stocks (and one LP by the name of EPD) in my 401-K, and this is the first time I have ever received anything to report on my yearly return.

At whatever point in the distant future I decide to sell my EPD holdings in my 401-K, I wonder if I will have any special reporting requirements?


Since all this is going on within the 401(k) you don't need to worry about anything other than UBI. As for the $1,000 threshhold, it's arbitrary, just like everything in tax law.

Phil
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