What if my employer designed my rollover distribution Verify payable to me instead of to Schwab? In the event your employer sends you a rollover distribution Check out made payable for you, you can deposit it specifically into your IRA.
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Rollover distributions are claimed for the IRS and could be subject to federal income tax withholding. See the dilemma beneath about immediate and oblique roll overs to know equally options and their tax outcomes.
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