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To: xlib

I also would be interested in the answer to this.


2 posted on 03/09/2009 11:04:54 AM PDT by maeng
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To: maeng; xlib

Clark Howard, the other day on Hannity, gave some interesting advice.

Move/change your qualified (401, 403, IRA) money to non-qualified securities. Take the 10% penalty, but DO NOT SELL your securities (or sell and rebuy, I guess, does the same). You’ll take a 10% tax penalty at the bottom of the market, keep the stocks, then you’ll have full control of them as the market recovers.


5 posted on 03/09/2009 11:08:22 AM PDT by MrB (The 0bamanation: Marxism, Infanticide, Appeasement, Depression, Thuggery, and Censorship)
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