wolfman
Nov 14 2002, 09:05 AM
Participant wishes to have trustee withhold 100% of their distribution for federal income taxes. The 20% rate is mandatory. Is there any reason the plan administrator should reject this request to have 100% withholding? Thanks for any feedback!
Jean
Nov 14 2002, 09:48 AM
We have permitted this. The participant completes Form W-4P.
http://www.irs.gov/pub/irs-pdf/fw4p_02.pdf