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lump sum retirement income spreading
can a lump sum retirement payment be spread and if so how many years
posted
July 25, 2023
9:52 AM
last updated
July 25, 2023
9:52 AM
2 Replies
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lump sum retirement income spreading
If you were not born before January 2, 1936 then you are not eligible for the 10 year income averaging for a lump sum payment from a retirement account. The entire lump sum income will be taxable in the year of distribution.
July 25, 2023
10:06 AM
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lump sum retirement income spreading
How to avoid lump sum retirement taxable immediately. Can I set up a charitable fund?
July 28, 2023
5:01 PM
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