Stique99
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You are correct, ($1199 if I recall correctly is figured as the basis) but because there is a return amount in all but the full distribution, the yearly loss is...
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jimshepherd was correct in assuming I was not an "eligible" person. Then as ColeenD3 suggested I did some WFI's with the TT program using hypothetical numbers. ...
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Thank you very much for your reply, I will follow your suggestion. What If's are a valuable tool.
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Thank you very much for your reply. Of course once I pushed post, I thought of one more piece of info that may have bearing. My son used only after tax dollars ...
Activity Feed for Stique99
- Posted Re: Inherited 401k on Other financial discussions. March 23, 2021 12:14 AM
- Posted Re: Inherited 401k on Other financial discussions. March 21, 2021 6:43 PM
- Cheered Re: Inherited 401k for jimshepherd. March 21, 2021 2:42 PM
- Posted Re: Inherited 401k on Other financial discussions. March 21, 2021 2:41 PM
- Posted Re: Inherited 401k on Other financial discussions. March 21, 2021 2:39 PM
- Cheered Re: Inherited 401k for ColeenD3. March 21, 2021 2:39 PM
- Posted Inherited 401k on Other financial discussions. March 18, 2021 6:22 PM