Value Microcaps Motherboard

[nacl01]

stan - munis - 401Ks

My understanding is that anything withdrawn from a tradidtional IRA or a 401K is taxed as ordinary income at your current rate. So you also lose the capital gains tax advantage. With a Roth IRA or a new Roth 401K, you pay taxes before you put $$$ into the account but everything you take out is tax free.

I haven't done much with bonds. I have my 'conservative money' in Treasury Notes. (I know I am losing value due to inflation, but I cannot sleep if I have everything in stocks.) The best way to but T-notes is through Treasury Direct ( www.treasurydirect.gov ). It is free to buy securities and only costs $25/year if your account exceeds $100K in value.

I am not a bond or tax expert, so don't trust this information without checking it out further.

This is a long way from Value Microcaps, but I hope it helps.

nacl