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I can answer this one -- I did such a conversion just about a year ago.

I received a check representing all my post-tax contributions.

Another check went to the company where I opened my new IRA -- representing all my pre-tax contributions, matching contributions made by my company, all the accumulated earnings on those contributions and the accumulated earnings on my post-tax contributions.

So the answer to your question is "yes," except I wouldn't apply the word "interest" to the earnings.

Phooley, Thank you. That is what I thought and it nice to have it confirmed. Yes, you are correct. I should not have used "interest", earnings is better.
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