https://ttlc.intuit.com/community/retirement/discussion/re-retirement-distributions/01/2081150#M140535 <P>No, there is no difference how distributions from your 403(b) are taxed when receiving in a lump sum, or over a 12 month period; however, if you spread it out it could span multiple tax years.&nbsp; This could result in a lower tax rate in each year.&nbsp; &nbsp;I recommend you consult with a financial advisor.&nbsp;</P> Mon, 15 Mar 2021 00:02:43 GMT DavidD66 2021-03-15T00:02:43Z https://ttlc.intuit.com/community/retirement/discussion/retirement-distributions/01/2081044#M140528 <P>Is there a difference in taxes on receiving 403b payments as a lump sum or, let's say, over a 12 month period? Also, does the state of California treat this distribution differently? I am 61.</P> Sun, 14 Mar 2021 23:44:44 GMT https://ttlc.intuit.com/community/retirement/discussion/retirement-distributions/01/2081044#M140528 kstratemeier 2021-03-14T23:44:44Z https://ttlc.intuit.com/community/retirement/discussion/re-retirement-distributions/01/2081150#M140535 <P>No, there is no difference how distributions from your 403(b) are taxed when receiving in a lump sum, or over a 12 month period; however, if you spread it out it could span multiple tax years.&nbsp; This could result in a lower tax rate in each year.&nbsp; &nbsp;I recommend you consult with a financial advisor.&nbsp;</P> Mon, 15 Mar 2021 00:02:43 GMT https://ttlc.intuit.com/community/retirement/discussion/re-retirement-distributions/01/2081150#M140535 DavidD66 2021-03-15T00:02:43Z