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Later that month a representative indicated that the capital gains distribution credited to her account was a computer error.
FORBES: Sodexo's Twisted 401(k)
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When questioned about what happened to the capital gains distribution amount taken from her account, the ING representative had no answer.
FORBES: Sodexo's Twisted 401(k)
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You may have had a massive capital gains distribution this month, or are about to have one, and you'd like to reduce your tax liability.
FORBES: Magazine Article
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As of Aug. 31, the high-flying Amerindo Technology Fund posted a one-year return of 389%, but its shareholders could face a capital gains distribution of around 33% this year.
FORBES: Move over, mutual funds
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In January, the retiree contacted the mutual fund company involved for information about any capital gains paid in December and was told there had been a distribution, furthering confusing the investor.
FORBES: Sodexo's Twisted 401(k)