Ask KT & Suze Anything: Should We Stay in the Stock Market?
Suze Orman's Women & Money (And Everyone Smart Enough To Listen)
Navigating Custodian Transfers and Tax Implications
In this chapter, listener Stephanie recounts her experience with transferring her 403B to Vanguard and a misunderstanding involving a 20% withholding by Voya. The hosts clarify the tax implications of this mistake and provide guidance on how to rectify the situation to avoid being taxed on the withheld amount as ordinary income.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
