<<My mother had a Profit Sharing Plan at her work. When she retired they
cut her a check for the whole amount. She was 68 years old. She doesn't
believe it was an IRA or 401K and I haven't read her docs yet
She deposited it in CD's a credit union.

Does she have to pay income taxes on the whole amount or just what she
draws out?

Should it have been rolled into a IRA? >>