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Penman2006

May 19 2009, 11:38 AM

Does NY state have mandatory state withholding on a lump sum from a qualified DB plan, and if so, how much?

david rigby

May 19 2009, 12:44 PM

Does this help?
http://benefitslink.com/boards/index.php?showtopic=41016

Penman2006

May 19 2009, 05:30 PM

Thank you for your help although that first link is bad now. The second link says that NY state withholding is not mandatory. How old is that material?

david rigby

May 20 2009, 09:47 AM

QUOTE (Penman2006 @ May 19 2009, 06:30 PM)

The second link says that NY state withholding is not mandatory. How old is that material?

The footnote says 05/2005. No guarantee that it was accurate, then or now.

Another source of information may be the website for NY dept. of revenue.

Penman2006

May 20 2009, 10:59 AM

Thanks David.

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