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Can you assist with 401 K COVID distributions? Pennsylvania.
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Lev
Lev
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Bachelor's Degree Equivalent
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My husband and I turned 701/2 in 2019. We were about to take
My husband and I turned 701/2 in 2019. We were about to take our required RMD by 4/1/2020 when we learned of the 2020 exemption due to COVID. Our next RMD would be due 12/31/20. Does the COVID exempti… read more
Lev
Lev
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Bachelor's Degree Equivalent
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My spouse has a 501K. She turned 71 Dec. 1, 2018. The IRS
My spouse has a 501K. She turned 71 Dec. 1, 2018. The IRS instruction states the first mandatory distribution must be taken when one turns 70-1/2 years, but can be taken by April of the following year… read more
Lev
Lev
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Bachelor's Degree Equivalent
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I turned 77 in 12/22/19 when do I take my distrabution. My
I turned 77 in 12/22/19 when do I take my distrabution … read more
Rick
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I am thinking about withdrawing 401K and pension plan but do
I am thinking about withdrawing 401K and pension plan but do not want to pay 20% withholding on the federal tax. What is the best way to delay or push out the 20 % Federal tax withholding. Thinking ab… read more
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Lev
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I am quiting my job and retiring as of January 2, 2020. i
i am quiting my job and retiring as of January 2, 2020. i have a 403b through this employer. my birthday is ***** 2, 1948. i turned 70 1/2 in 2019. Do i have to take a required minimum distribution fo… read more
Rick
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If a client passed away, during 2018 and leaves two children
If a client passed away, during 2018 and leaves two children an IRA valued on 12/31/2018 of $380,000. The client was taking RMDs and the estate already had taken and paid the 2018. Both of the childre… read more
Lev
Lev
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Bachelor's Degree Equivalent
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I just turned 70 and need to know how to take amount from my
I just turned 70 and need to know how to take amount from my 401K … read more
Barbara
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Turn 70 1/2 January 2019. So have until April 2020 to take
Second opinion] turn 70 1/2 January 2019. So have until April 2020 to take my first RMD. The questions is whether I have to take two distributions in 2020. So confused. … read more
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Turn 70 1/2 January 2019. So have until April 2020 to take
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Robin D.
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I turned 70 years old on May 31st and I have an IRA. I want
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I will be in april. I will be 70 in april 2019 I will be 71
I will be 69 in april. I will be 70 in april 2019 I will be 71 in april 2020. I have ira account and about four 401 K accounts . Who determins what I am required to take out of either just IRA or IRA … read more
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Have a client who will be age 70 in Sept 2018, therefore
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tax question when i turn 70 in 1 1/2 its my understanding
tax question when i turn 70 in 1 1/2 its my understanding i have to take some payment from my 401 and roth ira. how much do i have to take each year . i have about 300K/yr income from other investment… read more
Lev
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My client is turning 70 years of age on 7/31/11. Is she considered
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WHAT IS THE FORMULA FOR TAKING MONEY FROM YOUR 401K AT 70 1/2 USING AN EXPECTED LIFE SPAN OF 15-020 MORE YEARS… read more
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