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4 votes
Which of the following retirement accounts require a 20% mandatory withholding requirement on distributions?

Simplified employee pension (SEP) plan
Money purchase pension plan
Traditional profit-sharing plan
Cash balance pension plan

User Treze
by
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1 Answer

5 votes

Answer:

The IRS requires mandatory 20% federal income tax withholding on distributions from 401k and 403b accounts...

User Jonseymour
by
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