Yes, you will have to pay federal tax on the difference between the amount you received when you sold your stock and any basis you had accumulated...

Safe Harbor 401k Match Timing?

The time by which an employer is required to make a 401(k) safe harbor matching contribution depends on the plan's plan year. The deadline is...

Selected as the best answer

In general, distributions before age 59-1/2 are both subject to federal income tax and a penalty tax. This includes hardship distributions. There...

Does the employee have to be given notification if employer decides to stop medical benefits?

If the plan is subject to the federal Employee Retirement Income Security Act ("ERISA"), there is an obligation to notify. State law also can...

If I get legal separation from my husband can I still be in his health ins.?

If you want him to pay all or part of the premiums for your coverage, you should hire a good family lawyer and get this requirement into a written...

Do NYC employers have a legal responsibility to correct in an incorrect w2. For 2012 in a timely fashion.

I am assuming that you are saying that you have taxable income for 2012 in the amount of $25,000 due to the fact that you defaulted on a loan from...

Do I need a lawyer to represent me in a NJ public employee retirement system disability application and subsequent process?

Public employee retirement system disability cases can turn on very specific facts and matters of proof and are subject to complex procedural...

Teachers retirement and cash value

I assume you are referring to a qualified domestic relations order (QDRO) under which your-ex-spouse is entitled to one half of the value of your...

401k Plan not adopted for correct year, and tax deductions are taken.

I agree. So-called "plan qualification defects," such as the failure to sign an adoption agreement, should be capable of being corrected under the...

My father passed and had pension he was divorced mother got half of it are the three children entitled to the other half?

If the pension plan was one that was subject to the tax code's "joint and survivor annuity" rules, then it is likely that, under a qualified...