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Posted

Need to distribute Roth dollars for ADP corrective distribution. Will be distributed beyond the 2 1/2 month deadline. Have always withheld 10% federal for these. Is this required? Not sure if there were any changes to this when the rules changed to be taxable in the year distributed for distributions made prior to the 2 1/2 months.

Posted
Need to distribute Roth dollars for ADP corrective distribution. Will be distributed beyond the 2 1/2 month deadline. Have always withheld 10% federal for these. Is this required? Not sure if there were any changes to this when the rules changed to be taxable in the year distributed for distributions made prior to the 2 1/2 months.

The withholding rules on non-periodic distributions which are not eligible for rollover have not changed.

Laura

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