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Retirement tax questions
Was the check made out to you or to the new account? G is a direct transfer. But either way it is not taxable to go from a 401K to a Traditional IRA. Only taxable to a ROTH IRA. Unless they took any withholding out of the check. Then the withholding could become taxable.
Who said it would be taxable? Your financial person?
‎April 4, 2020
8:35 PM