Thomann Tax YouTube Channel
After a long hiatus, Thomann Tax has decided to bring its YouTube Channel back to life. The first video uploaded is about how NYC Pension Funds calculate final average salary.
PD Pension-Inaccurate Pension Statements
I would suggest identifying the monies not included as pensionable earnings. Many employees are not aware of them. Nice job.
Thanks George, good idea.
If a retiree rolls over his 457 plan to a rollover ira account with a private institution does the 10% penalty apply to the new ira account if a distribution is made before 59 1/2 ?
Yes, the 10% penalty will apply to the IRA. If you have the age 50 rule there is a work around from the 10% penalty though.