Fannie Mae-No Politics (FNMA)

[Pecker9Wood]

Sounds crazy. Me thinks if those monies were put in an tax deferred 401 type and should be rolled over into an IRA account. Deferred means you hold off paying tax until you draw on the account. If those 401 monies are not directly rolled over into the IRA you may occur a lump sum tax payment and if not of eligible age a penalty. The 15% tax rate in for regular brokerage accounts on shares held for a year and is computed separately from your marginal tax rate for which will be your tax rate on income such as payment into retirement from IRA.