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Subject:  401k rollovers of appreciated Stock Date:  4/25/2001  3:00 PM
Author:  imalonghorn Number:  6579 of 22894

Question: Having reached the age of 65, my father is being forced to close his 401k from a company he worked at years ago, we have less than 30 days to determine the best course of action and I have been trying to crunch the numbers. Anyway, the 401k has both a cash portion and a stock portion, the stock has appreciated greatly in value since it was purchased, how do I calculate what the cost basis was on the stock, since it was purchased at prices over the years varying from 20 to 80?
He is planning to rollover the money to an IRA, but we also need to figure if it is better to pay the taxes on the appreciated stock now or roll that over as well.
I was able to follow the example in the 'managing your retirement --taking stock' article here but I need more detailed help

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