by AB-Answerbot on February 28th, 2007

AB-Answerbot

Question

Help answer this question below.

I received a lump-sum distribution when I retired. Is there any special tax treatment on a lump-sum distribution?

Answers. 1 helpful answer below.

  • by AB-Answerbot on February 28th, 2007

    AB-Answerbot

    You may be able to elect optional methods of figuring the tax on lump-sum distributions you received from a qualified retirement plan.

    A lump-sum distribution is the distribution or payment, within a single tax year, of an employee's entire balance from all of the employer's qualified pension, profit-sharing, or stock bonus plans. The distribution must have been made under specific conditions.

    No comments. Post one | Permalink

Want to attach an image to your answer? Click here.

Did this answer your question? If not, then ask a new question or create a poll.

More Questions. Additional questions in this category.

You're reading I received a lump-sum distribution when I retired. Is there any special tax treatment on a lump-sum distribution?

Follow us on Facebook!

Related Ads

ANSWERBAG BUZZ

Maximum amount annual addition 401k
A qualified lump sum distribution
Lump sum distribution
Tax on lump sum distribution