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Post# of 432855
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JimLur

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JimLur

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Re: lastchoice post# 74396

Thursday, 07/01/2004 1:23:59 PM

Thursday, July 01, 2004 1:23:59 PM

Post# of 432855
Lastchoice, Since Merritt's sale was from his 401K how much penalty would he pay for early withdrawl plus taxes?

On the other side of the coin if he didn't wihdraw anything he would pay no taxes or penalties and could invest in another stock thus diversifying his holdings.

I could be wrong but I think if he needed the cash it would have been cheaper tax wise to sell from his other share base.

"Being 'over the hill is much better than being under it!"

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