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Is OPL a right off now?
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<blockquote data-quote="badpal" data-source="post: 299356" data-attributes="member: 6369"><p>Yes if you were a supervisor back then and recieved it that way the tax situation would be totally different. you might have real big gain on it. Oh yes my memory fades but when they shut down the old thrift plan we had to put that money in a ira didnt we ? Now i think if ones opl was all in an ira account they dont have to worry because losses or gain not taxable events.So it seems from the posts that different folks got it different ways so everybodys tax deal will be a little different. Good luck to all in this i for one just glad its over and hope the way i trying to figure it works out and doesnt get me audited or something. In the end i didnt lose too much collected those great dividends it paid for a few years and the money recieved from the liquidations the last 5 about evened me up .</p></blockquote><p></p>
[QUOTE="badpal, post: 299356, member: 6369"] Yes if you were a supervisor back then and recieved it that way the tax situation would be totally different. you might have real big gain on it. Oh yes my memory fades but when they shut down the old thrift plan we had to put that money in a ira didnt we ? Now i think if ones opl was all in an ira account they dont have to worry because losses or gain not taxable events.So it seems from the posts that different folks got it different ways so everybodys tax deal will be a little different. Good luck to all in this i for one just glad its over and hope the way i trying to figure it works out and doesnt get me audited or something. In the end i didnt lose too much collected those great dividends it paid for a few years and the money recieved from the liquidations the last 5 about evened me up . [/QUOTE]
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Is OPL a right off now?
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