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-   -   I am retiring at age 63. What kind of tax will I pay when I leave my job? (https://www.askmehelpdesk.com/showthread.php?t=451947)

  • Feb 26, 2010, 10:13 AM
    elc54
    I am retiring at age 63. What kind of tax will I pay when I leave my job?
    I am retiring at age 63. What kind of tax will I pay when I leave my job?
  • Feb 26, 2010, 10:15 AM
    JudyKayTee

    Tax on what? Severance pay? Some other tax?
  • Feb 26, 2010, 10:22 AM
    elc54

    Sorry, I meant to say - What kind of tax will I pay on my 401K when I leave my job?
  • Feb 26, 2010, 10:35 AM
    ebaines

    You will pay ordinary income tax on whatever amount you withdraw from your 401(k) and/or IRA.

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