Blackie27
Aug 31, 2009, 02:05 PM
My mother passed away this month and my concern is her 401K's they are from 5 different companies and there is issues with death benefits I do not understand as a beneficiary in the state of California.My mom wishes for her 6 grandchildren to get this money but only 2 of us are the beneficiaries that are suppose to handle giving out this money.
What I need to find out is if this is true that we are to be taxed federal and state from these 401K companies, do we then have to be taxed again when we do our taxes? Do we add this to our income come tax time?
What I need to find out is if this is true that we are to be taxed federal and state from these 401K companies, do we then have to be taxed again when we do our taxes? Do we add this to our income come tax time?