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Financial Planning / Foolish 401(k)s


Subject:  cost basis for 401K Date:  4/22/2000  2:41 AM
Author:  yzerone Number:  7476 of 26346

has anybody heard about new laws dealing with 401K relating to the cost basis of your company stock in the plan is where you cash the fund in.

example, I work for a public company and have 500K in my 401K, half company stock and half in a index fund. I heard from my father (an employee of a public company considering this option). that tax cost basis for the company stock is where you roll it over at, while the cost basis for money invested in the funds is where you invested at.

I have never heard of this before, anybody else?
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