<<My mother had a Profit Sharing Plan at her work. When she retired theycut her a check for the whole amount. She was 68 years old. She doesn'tbelieve it was an IRA or 401K and I haven't read her docs yetShe deposited it in CD's a credit union.Does she have to pay income taxes on the whole amount or just what shedraws out?Should it have been rolled into a IRA? >>
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