Would that it were so! In fact, distributions from a 401(k) plan are taxed as ordinary income, not at capital gains rates, no matter how long you have held the property. --Bob I 2nd that. However, if you're 59 1/2 you can take a Lump Sum Distribution and tax it on form 4972 at special lower 5 year avergaing this year. After 1999 you'll have to be born before 1936 and can use 10 year averaging. Ed
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