What is the name of your state? Pennsylvania
This question is from my mother, who will be turning 70 in January. She will need to begin taking payments from her traditional IRA by age 70 1/2. The question is: how much tax will be withheld from her IRA distribution checks? She had heard 10% or 15%. I researched, but could not find an answer. Are there tax tables available for IRA payments? Thanks for your help.
This question is from my mother, who will be turning 70 in January. She will need to begin taking payments from her traditional IRA by age 70 1/2. The question is: how much tax will be withheld from her IRA distribution checks? She had heard 10% or 15%. I researched, but could not find an answer. Are there tax tables available for IRA payments? Thanks for your help.