Profit sharing funds

[Dkdickson03]

The company my husband worked for was sold this year. He received a profit-sharing check after the sale was finalized, but taxes were not taken out. Is it best to transfer those funds to a 401k to avoid paying high taxes next April? We are in the 50+ age range and neither of us has reached the 401k limit yet. 

[R-SchuleCPA]

It would be best to rollover to a 401K. The time limit to do so is 60 days from date of receiving distribution, or the amount will become taxable.