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Retirement tax questions
Deferred Retirement Options Plans (DROPs) should have the information they need to properly reflect your retirement payments as penalty free. The codes you want to see in Box 7 of your Form 1099R is either a 7 or a 2. It's likely they will enter it as a 7, which means normal distribution which is penalty free.
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‎February 2, 2023
7:47 AM