Dime Bancorp Inc (fka DIMEQ)

[philipmax]

Anyone who is holding DIMEQ in their 401(k) or IRA accounts.

Now is good time time to transfer these non-tradeable securities into a Roth IRA. The value that will be ascribed to these securities is going to be approximately $.03 per ltw. Upon transfer this will be considered taxable distribution for 2012.

If it ends up worthless...well...c'est la vie. But...if there is $$$s payoff at some future date, then you will receive all of the $$$s tax free.

DO IT!!!

If you don't have a Roth IRA, its very easy to open one. For ease of transfer use the same broker as your IRA. 401(k) plans are a bit more complicated, but they should accommodate you as well. Just make sure that you request a partial distribution and not a plan termination.