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?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “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, ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What takes place during pre-planning?
Answers (1)
John is interested in joining with a large corporation in a cooperative venture to share risks and pool resources for his small auto parts manufacturing business. The strategy option he is exploring could best be described as
Answers (1)
Homestead crafts, a distributor of handmade gifts, operates out of owner emma finn's house. at the end of the current period, emma reports she has: 1,300 units (products) in her basement, 20 of which were damaged by water and cannot be sold.
Answers (1)
Ricky and Anita are 10 year-olds who have a lemonade stand on a busy beach and would like to practice price discrimination.
Answers (1)
In 2014, Firm X made $500 in sales with $1,200 in fixed assets. Suppose the firm had been operating at 75% of fixed asset capacity.
Answers (1)
New Questions in Business
Niran has initiated a scam in which he counterfeited a well-known banking website and sent out e-mails to direct victims to it.
Answers (1)
You determine that a robot welder is malfunctioning on your assembly line because final inspection has revealed a loose connection in every weld made by the robot.
Answers (1)
A potential employer expects you to research the company before you apply for a job with it. True or false
Answers (1)
Which of the following represent typical account fees? A) ATM Fee B) Service Fee C) Minimum Balance Fee or D) All of the above
Answers (1)
Select the correct answer. What is the last and most crucial step in the treatment of alcoholism? A. detoxification B. accepting the problem C. rehabilitation
Answers (1)