- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
If your separation from service from the employer providing this 401(k) occurred before the year you reached age 55, this distribution does not qualify for this penalty exception and the Form 1099-R is correct. The age-55 exception only applies to distributions from a 401(k) is provided by an employer from which you separated from service in or after the year you reached age 55.
March 16, 2020
1:07 PM