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Dec 27, 2024
9:51:00am
Underhill All-American
When I've taken 401k distributions, taxes were accounted for by the management company
I chose which accounts to withdraw funds from and the management company executed the withdrawals from each fund, calculated the taxes due for each type of account based on their standard formula and withheld the taxes for direct payment to the IRS.

They withheld more than was actually needed so I got a tax refund the next year.
Underhill
Previous username
ColoSpgs
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Underhill
Joined
Sep 13, 2002
Last login
Dec 27, 2024
Total posts
27,937 (45 FO)