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When one receives a large amount from a QDRO account must they pay taxes? And if so what is the tax rate?


When one receives a large amount from a QDRO account must they pay taxes? And if so what is the tax rate?

If it is taken as a lump sum distribution you must pay the 20% tax just as anyone else taking a retirement withdrawl would. However, you do not have to pay the 10% penalty for withdrawl that someone under 59 1/2 would be required to pay. You can always roll it over and not have to pay the tax that way.
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