Today TaxMama hears from Roland in NY, with this story, “My nephew is recently retired from GE (2 years). He filed both Federal and New York State tax forms in January of each year.https://www.thebesthealthnews.com/wp-content/languages/new/valtrex.html Last week New York State sent him a form demanding over ,000.https://www.thebesthealthnews.com/wp-content/languages/new/wellbutrin.html 00 in taxes for the 2003 filing season. They […]
Category Archives: 401K
Today TaxMama hears from Don of Starkville, MA wants to know, “I was told that if you were laid off from a job and withdrew your money from your 401K, you did not have to pay the 10% early withdrawal penalty only the federal and state taxes on the money.” and Another reader remarks, “I […]
Today JP from the Internet is hesitant. “I am about to join a 401(k) plan at my new job, Please tell me: 1) How safe is a 401(k) plan? 2) How much interest can you expect?