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I was the beneficiary on my father's 401k. i received the lump sum and deposited it in my father's estate account to pay of his debts. how will i be taxed? will it goo against my income or will i have to pay a lump sum? please advise

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I have a 401k from the first year i worked for my employer, they then went union and i now have my pension with them, i still have this 401k 25 years later which has had no contributions since 1985. i want to take a lump sum distribution, i'm aware of the tax liabilities, i just want to know if...

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I want to take my 401k in a lump sum.

I want to take my 401k in a lump sum. i know the government will take 20% up front. so say i have 100k and they take their 20k, leaving me 80k. will they take anything additional. what does it mean when it says after they take their 20, they will apply to my tax bill next april. what will they...

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