Monday, December 28, 2009

Pension Taxable My Father Received A $11000 From A Lump Sum Payment From A Pension Plan. Is This Money Taxable?

My father received a $11000 from a lump sum payment from a pension plan. Is this money taxable? - pension taxable

Is it possible in an IRA and not pay-roll taxes now? My father is 57 years and it does not work anymore ... is on a disability.

Any thoughts or ideas?

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