Are IRA distributions taxable?

Answer If you have a traditional IRA, all regular distributions are taxable in the year you receive them, with a few exceptions (for example, rollovers). If you have a Roth IRA, qualified distributions ar... Read More »

Top Q&A For: Are IRA distributions taxable

Are roth distributions taxable?

As long as distributions from a Roth IRA meet the distribution regulations, those monies are not taxable. The two most basic requirements are that you must be older than 59 1/2 and have held the ac... Read More »

Can taxable Roth IRA distributions be rolled over in 60 days?

Taxable Roth IRA distributions can be rolled over in 60 days, and must be rolled over within 69 days if they are considered early distributions in order to avoid penalties and taxes.References:IRS:... Read More »

Are HSA Distributions Considered Income?

Individuals divert some of their pretax income to Health Savings Accounts, which are reserved for health costs. They are similar to 401(k) plans, in the sense that money that goes into them is not ... Read More »

How Do I Receive ESOP Distributions?

ESOP (Employee Stock Ownership Plans) are programs offered by employers to their employees. Usually they allow employees to buy the company's stock at a discounted price. Usually participants sav... Read More »