Conference nyoss1::market_investing

    If the distribution is from a 401/k, you can roll it into a 401/k
    (SAVE plan).  If it's not from a 401/k, you're not supposed to roll it
    into one.
    
    If you have "after tax" contributions to a retirement plan, and said
    plan is distributed to you, you can roll it into an IRA without
    problem.  You should file an additional form with your taxes, showing
    your after-tax "basis" in the IRA.  That way, when you start
    withdrawing it, you will not be taxed again on the "basis" portion of
    the withdrawls.  I don't remember the form number...its an 8000-series,
    and it's pretty straightforward to fill out.
    
    I dont' know about rolling an employer-funded lump sum into the SAVE
    plan...gut feeling is that it's not allowable, but I've been wrong
    before.  Make sure before you do...it's easy to get stung.
    
    SteveSov

    That's my point. I had heard that there might be a problem convincing
    the IRS regarding the percentages of pre/post tax contributions to a
    mixed fund. Therefore, there was something about prorating (by what
    method, I don't know). It seemed to me that if you put pre and post in
    at a 5:1 ratio, then all earnings would come out taxed at a 5:1 ratio.
    That didn't seem too great if the earnings actually were accrued by a
    different ratio based upon quantities and timing of investment.
    
    I guess I will just keep them as clean ("pure") as I can, and avoid any
    possible headaches later. Since I have to diversify anyway, that should
    be pretty easy - as long as I keep good records 8')
    
    Cheers...Gary

    
    
    	This reply is so vague it's probably of little value, but maybe
    	it will lead you to ask an expert....
    
    	When I attended a recent Prudential Bache Seminar I came away
    	with the understanding that the mixing of the funds is of no
    	consequence if they remain that way, and are not rolled into
    	another employers 401K plan.
    
    

 Q  If monies get mixed (employee and employer contributions to the same place),
    does that cause a hassle later when withdrawing funds transferring 
    between funds
    
 A  The monies will not get mixed, they will be kept as seperate accounts,
    precisely for the reasons you stated.
    
    
 >  Come to think of it, I already have one "mixed" fund from the
 >   rollover of a 401k from my last employer
    
    They are seperate, I believe when you check the `current' one you refer
    to the request for Badge Number ( your actual badge number )
    
    but when you check your `rollover' ( from previous employer )
    you precede your Badge Number with the number " 9 "

    That sounds like an answer related specifically to SAVE. True? The one
    I was referring to is an outside IRA.
    
    Thanks...Gary

RE: .0
>    3. Would it be smarter (easier?) just to get the lump; write checks to
>    the target IRAs; have each resulting IRA "pure" from a contributor's
>    point of view; and keep them that way for the duration?

  If you take the lump with out doing a roll over you will have to pay 
taxes on the lump NOW.  You won't be able to use the money to "contribute" 
to an IRA since contributions are limited to $2000 of earned income.  I 
think you would be better off doing the roll over and withdrawing what you 
need (if you are at least 59 1/2).

Brian

    Brian -
    
    I am confused. There was never any question of my keeping the PLUMP out
    of an investment vehicle for more than 60 days. You seem to be implying
    that if I do the distributions to the IRAs myself, I lose the tax
    deferred advantage.  I believe that to be incorrect. As long as either
    the current institution transfers it directly (with no effective lag
    time between vehicles), or I do (within 60 days, taking the loss during
    the dead time), I maintain the sheltered status. [N.B. I believe "roll
    over" to mean precisely what I am describing here.]
    
    What am I missing in your reply?
    
    Cheers...Gary

Sorry, I misunderstood your intentions. I read it as taking the lump 
distribution as normal income without the intention to roll it into an IRA.

Brian