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I was 70 1/2 in November of last year. My company 401 plan
I was 70 1/2 in November of last year. My company 401 plan sent me my RMD in December of last year. No tax was taken out. I wanted to wait until this year to take the RMD. I sent the check directly to… read more
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My husband died Feb 2016 at age 78. He was taking RMDs from
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I just discovered that I have a 403B7 fund from a previous
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Will IRS be lenient to a tax payer under 59 1/2 that
Will IRS be lenient to a tax payer under 59 1/2 that unintentionally rolled IRA money to checking account and then wrote check to new IRA custodian forgetting about the under 59 1/2 rule. I had heard … read more
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IF YOU ARE NOT LANE, PLEASE DO NOT RESPOND.. LANE..
IF YOU ARE NOT LANE, PLEASE DO NOT RESPOND.. LANE.. REQUESTED MY PENSION BE ROLLED OVER TO MY VANGUARD IRA ACCOUNT.. WOULD IT BE BETTER TO DO THE ROTH IRA..MY CONCERN IS THEY WILL DEDUCT A CHUCK RIGHT… read more
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I recently left my previous employer to purchase a business.
I recently left my previous employer to purchase a business. The plan is to do a "Roll Over Business Startup" with a portion of the funds. I have a 401k and a Pension that will be rolled over into the… read more
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Hi, I'm 61, live in Michigan and the company I worked for
Hi, I'm 61, live in Michigan and the company I worked for has a pension plan that I can now take a lump sum payout. I intend to use some of it to pay off some debt and put the rest in a rollover IRA. … read more
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I am in the position where I am being laid off from my company,
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I will receive a $16,000 rollover check from a pension plan
I will receive a $16,000 rollover check from a pension plan in lieu of continued alimony payments. It has to be rolled over to an IRA. I'm thinking I could put $6,000 in to 2012 IRA & $6,000 into 2013… read more
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To help clarify things, Im referring to the two employers
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I was laid off in 2005 and rolled my 401K over to an IRA at
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My husband was laid off from work and we had to withdraw from
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I received approximately $170K from my Company 401 and pension
I received approximately $170K from my Company 401 and pension fund when I was laid off. I'm 56 years old. I had the funds sent directly to me, understanding that the 20% mandatory tax would be taken … read more
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My banker at US BANK has requested IRA Distribution on my account
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I have inherited an IRA from my mother. The bank I am ...
I have inherited an IRA from my mother. The bank I am dealing with inadvertantly sent me a check for the entire distribution. I signed a form keeping the IRA under my mom''s name FBO (for the benefit … read more
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