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Tax Policy, Lump-Sum Pension Distributions, and Household Saving

Chang, Angela E.

Abstract:

Discusses the Tax Reform Act of 1986 and the ten percent penalty on lump-sum pension distributions that are not "rolled over" into tax-deferred instruments by younger recipient (under 55). Discusses the different effects on recipients in different income brackets.

Citation

Chang, Angela E. (1996), Tax Policy, Lump-Sum Pension Distributions, and Household Saving, National Tax Journal, 49:2, pp. 235-49