Question
Marion, age 59, separated from service with her former employer who maintains her qualifled plan in 2019. She took a nonperiodic distribution from her
Marion, age 59, separated from service with her former employer who maintains her qualifled plan in 2019. She took a nonperiodic distribution from her 401(k) plan. Marion's distribution Is not subject to the early distribution penalty, because Marion is separated from service. Is subject to the early distribution penalty. - Cannot be rolled over into another qualified plan. Is a normal distribution.
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Option A Is not subjected to an early distribution penalty because Marion is separate...Get Instant Access to Expert-Tailored Solutions
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Taxation For Decision Makers 2014
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