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Posted

Mjichigan now has tax withholding on distributions.

First question, Everything I have read says that monthly payments are now subject to mandatory withholding. Does anyone know if lump sum payments are subject to mandatory withholding?

Second question: Is there any de minimus?

Posted

Link?

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

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