Post tax contributions

L1: Post tax contributionsHow will my post Tax contributions be treated when I roll over my 401K & start a 72T plan?First two years of withdraws will about equel post tax amount invested. Thanks, Dave2004-03-08 13:47, By: Daveo, IP: [209.178.130.44]
L2: Post tax contributionsOnce the funds are in an IRA, they are subject to the IRA rules – a pro-rata share of each distribution will be taxable and the balance non-taxable.
You may want to consider the possibility of not rolloing over the after tax amounts to the IRA.2004-03-08 13:49, By: Gfw, IP: [172.16.1.70]

L2: Post tax contributionsI’ll check with my ex employer benefits department, Thanks, Dave2004-03-08 14:14, By: Daveo, IP: [207.69.139.145]

L2: Post tax contributionsJust a recommendation, but I would not rollover the after-tax contributions. You could take those amounts in cash, not pay any tax and even delay the start of your 72t distributions. 2004-03-11 17:05, By: Gary, IP: [24.145.242.199]

L2: Post tax contributionsFound out the post tax amount that is listed on the statements includes company matching funds & gains that have to be rolled over. My after tax contribution is not all that large. I will take it out & roll the rest. Thanks, Daveo2004-03-11 17:33, By: Daveo, IP: [207.69.139.146]

L2: Post tax contributionsCongratulations for a very wise decision to’… take it out & roll the rest.’ Only if you enjoy real pain shouldanyone consider mixing pre-tax and post-tax money in an IRA because the accounting for each can be a real nightmare. Your company should send you a check for the post-tax contributions separate from your pre-tax contributions and allgrowth.
Like TheBadger said, you have figured this thing out correctly.
Jim2004-03-12 08:57, By: Jim, IP: [68.1.147.61]