DanaB27
Expert Alumni

Retirement tax questions

  1. The matching employer contribution will be returned to the employer.
  2. Yes, you can decide when to take the distribution (wait until you retire). Yes, you will be taxed a second time when you get your 401(k) distribution, it will be taxable as a regular 401(k) distribution. The first time is when you report it on your 2022 return.
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