My mom is retiring from her company after 27 years. She has 2 pensions and is going to withdrawl the small?

Posted: under Pensions.
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Pensions
stephjerryj asked:


one to have some money to fall back on. She was told she will have to pay 20% taxes plus another 10% penalty for early withdrawl. My question is, will she be 1099′d on this money if she already paid the taxes on it?

Christopher

Comments (3) Dec 05 2007