Susan, I am getting this message at the end of the section and what is throwing me off is the bolded sentence below. I did actually withdrawal the funds because it was to cover marital debts.
Is this just another way of saying that I dont face that early withdrawal penalty?
{Good news! You don’t owe taxes on your rollover
You won't have to pay taxes on your $XX,XXX.XX rollover from Fidelity Investments Institutional Operations Co.
Since you rolled the entire amount to another retirement account, you don't have to pay taxes on it. This is because you didn't actually pocket the money, but kept it within a qualified retirement account.
Certain withdrawals can be rolled over tax free if it’s done within a specific timeframe, normally 60 days.
If any money was withheld from this distribution, we'll take that into account in your overall tax return.}
