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26 June, 22:50

An employee requested that the balance of her 401 (k) account be sent directly to her in one lump sum. upon receipt of the distribution, she immediately had the funds rolled over into an ira. what is the tax consequence of the distribution sent to this employee?

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  1. 27 June, 02:38
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    The tax consequence of the distribution sent to this employee is that the Distribution is subject to federal income tax withholding.
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