- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
"Sorry, but I don’t understand your question at all. Why do you have a 1099-R, what was the distribution?" - your guess is as good as mine? I left my old company (well, we were bought out), and I checked the company's web site (retirement company, Corebridge) - and all my stuff is still there. I was never sent any funds.
So if I don't take action after 60 days, it will stay where it is, no?
"If you have a deemed distribution because you left your employer with an outstanding 401(k) loan, that is one procedure." - forgive my ignorance, but what does this mean? If I left the employer with an outstanding 401k loan, is that a deemed distribution? What is a deemed distribution?
But anyway, to circle back, I guess that's where my confusion is. I received a 1099 R for a distribution.....that never happened.