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Lana age 53 separated from service with her former employer in 2022 .she took a no periodic
distribution from her 401k plan .Lanas distribution;
-cannot be rolled over into another qualified plan.
-is a normal distribution
-is subject to the net investment income tax.
_may be subjected to income tax and the early distribution penalty

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Lana age 53 separated from service with her former employer in 2022 -s.pdf

  • 1. Lana age 53 separated from service with her former employer in 2022 .she took a no periodic distribution from her 401k plan .Lanas distribution; -cannot be rolled over into another qualified plan. -is a normal distribution -is subject to the net investment income tax. _may be subjected to income tax and the early distribution penalty