Talk of The Villages Florida - View Single Post - 401k administrators
View Single Post
 
Old 07-15-2011, 11:03 AM
aljetmet's Avatar
aljetmet aljetmet is offline
Veteran member
Join Date: Dec 2009
Location: NYC, Fairfield County, CT, Cordova, TN, TV 4/17/13
Posts: 759
Thanks: 0
Thanked 0 Times in 0 Posts
Default 401k

I'm don't think if say a 401K passes to children that they would have immediate tax consequnces. It would pass on as a rollover and they pay tax on what they take out. I went over this with Fidelity and that is my understanding.