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0:53
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YOUR MONEY ALWAYS MATTERS
1099-R Codes Explained (Box 7 Distribution Codes)
Received a Form 1099-R and not sure what the codes mean? In this short video, I explain six common distribution codes you may see in Box 7 of your 1099-R and what they generally indicate about your retirement account distribution. These codes help the IRS understand whether the distribution was an early withdrawal, normal distribution, rollover ...
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