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    CPA2010's Avatar
    CPA2010 Posts: 4, Reputation: 1
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    #1

    Oct 27, 2010, 07:04 AM
    Deferred Compensation, Extended Earnings & Retirement 1099M
    I'm in my 60's and will be retiring from insurance agency. I have set aside a portion of deferred compensation and extended earnings which I can elect to have paid out in 3-10 year periods on form 1099m. My question is how I can avoid the large taxes on these earnings if I chose the 3 year period schedule? Am I eligible for SEP, 401K, 403B, 457?

    What are the options to limit my taxes and save for my family?
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Oct 27, 2010, 11:28 AM

    Please do not double post questions. See: https://www.askmehelpdesk.com/taxes/...9m-520672.html
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