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Posted

so it is clear that the 402f notice is not required. What about something stating 10% is default withholding (unless chosen otherwise) and the repayment period and the stretch taxes and all that jazz? seems like it should be required, but is it in notice form?

Posted

It sure is. 3405(e)(10) applies. You can use Form W-4P or a substitute.

Free advice is worth what you paid for it. Do not rely on the information provided in this post for any purpose, including (but not limited to): tax planning, compliance with ERISA or the IRC, investing or other forms of fortune-telling, bird identification, relationship advice, or spiritual guidance.

Corey B. Zeller, MSEA, CPC, QPA, QKA
Preferred Pension Planning Corp.
corey@pppc.co

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