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Retirement tax questions
When you received that 401k money you had sixty days to roll it over to a new retirement account, which you could have done in a variety of ways. If you did not do that, then you are subject to tax on that money which was not taxed in the first place when it went into the 401k account.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎February 5, 2020
10:40 PM