How will my Partial Lump Sum distribution be taxed?

Your Partial Lump Sum distribution is subject to federal and state income tax withholding. As a general guideline, if you choose a distribution payable to you, approximately 4 percent of the Partial Lump Sum payment is non-taxable because the Partial Lump Sum payment is made up of both pre tax contributions and post tax contributions (already taxed). To defer paying taxes on this payment, you may roll over the Partial Lump Sum amount to another qualified plan or Individual Retirement Arrangement only by a direct trustee-to-trustee transfer.

If the Partial Lump Sum is not rolled over into an eligible plan, CalSTRS must withhold 20 percent for federal income tax and 6 percent California State income tax unless you specify that no State income tax is to be withheld on the taxable portion of the distribution. For additional information on this topic, please contact your tax consultant or the Internal Revenue Service at 1-800-829-1040. When will my Partial Lump Sum payment be issued?

Your ... more.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.