Is a cashout of my old jobs 401k considered an early withdrawl? And would I need a 1099-R for it?

[smith-jameya]

My previous job sent out a cashout of my retirement (401k) in the form of a check and I cashed it out at my bank. Would I need to get a 1099-R form to file my taxes?

[ColeenD3]

Yes, if you are under the age 59 1/2. You had the option to roll the distribution into an IRA if you did not wish to pay tax on the income.

Yes, the distribution would be reported on 1099-R and you would need it to file your return.

[SweetieJean]

It's age 55 for 401(k) and pension plans.