[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-303397-105":53,"doc-detail-303397-en":127},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":120,"head_meta":122,"extra_data":124,"updated_unix":126},105,"en","deemed-ira-account-withdrawal-form-instructions-and-definitions","Deemed IRA Account Withdrawal Form Instructions and Definitions","","Instructions and definitions for completing the Kentucky Public Employees’ Deferred Compensation Authority Deemed IRA Account Withdrawal Form. Covers required personal information, selecting a Deemed IRA account type, withdrawal payment choices including total distribution, partial distribution, required minimum distributions, and transfer or rollover details. Explains tax reporting expectations and common withdrawal reasons with guidance on normal, early, mandatory RMD, disability, excess contributions, death as beneficiary, and qualified versus nonqualified Roth IRA withdrawal treatment.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/deemed-ira-account-withdrawal-form-instructions-and-definitions/303397/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/deemed-ira-account-withdrawal-form-instructions-and-definitions/303397.png","ImageObject",442,249,{"name":88,"@type":89},"Emma Mercer","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-04","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",6,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"What information must be provided to ensure proper tax reporting?","Question",{"text":109,"@type":110},"You must supply all requested information that is true, complete, and accurate. The instructions recommend consulting a tax advisor or accountant before making selections to determine tax consequences.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"What withdrawal payment options are available for a Deemed IRA account?",{"text":114,"@type":110},"Options include Total Distribution, Partial Distribution, Required Minimum Distribution (RMD) paid as a one-time payment, and Transfer or Rollover. For transfer/rollover, the amount is issued as a paper check payable to the receiving trustee/custodian.",{"name":116,"@type":107,"acceptedAnswer":117},"How are Roth IRA withdrawals treated when determining taxability?",{"text":118,"@type":110},"Roth IRA distributions may be subject to tax depending on whether the amount is a qualified distribution. A qualified distribution is tax-free federally and requires both a five-taxable year period condition and a qualifying distribution timing/event such as attaining age 59-1/2 or distribution to a beneficiary.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},303397,1790149280,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":136,"language":137,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":61,"update_tm":141,"read_time":47},962084925502,"https://ap-avatar.wpscdn.com/davatar_6f874abed73319feea01a86fa6f0fab8","KENTUCKY PUBLIC EMPLOYEES’ DEFERRED COMPENSATION AUTHORITY  \nDeemed IRA Account Withdrawal Form Instructions/Definitions  \n(attachment to Deemed IRA Account Withdrawal Form)  \nRules and Conditions. For proper tax reporting, you must supply all requested information, and it must be true, complete and accurate. You should consult with your tax advisor/accountant before making selections to determine your tax consequences. For additional information, see IRS [Publication 590 @](Publication 590 @ irs.gov)[ ](Publication 590 @ irs.gov)[irs.gov](Publication 590 @ irs.gov).  \nI. Complete personal information.  \nII. Select your Deemed IRA Account type.  \nIII. How Account is Paid. Please select the amount of your withdrawal.  \nA.)  Total Distribution. The entire Deemed IRA account balance will be paid to you.  \nB.)  Partial Distribution. The specified amount of your Deemed IRA account will be paid to you in a one-time payment.  \nC.)  Required Minimum Distribution (RMD) . This option provides for the IRS required minimum to be paid to you in a one-time payment. The amount of your RMD payment is calculated each year using the appropriate IRS table.  \nD.)  Transfer or Rollover.  \nTransfer. Distributions from one IRA may be transferred tax-free to another IRA. No IRS reporting is required for a transfer.  \nRollover. You may make tax-free rollovers from your Deemed traditional IRA to any of the following which accept rollovers: (1) qualified retirement plan; (2) governmental 457 plan; and (3) tax-sheltered annuity/403(b) plan.  \nMethod in which Transfer/Rollover is to be paid: Your rollover/transfer will be issued as a paper check payable to the receiving trustee/custodian. You must indicate the Transfer/Rollover amount and check the box designating the plan type to receive your Transfer/Rollover. Failure to complete form properly may delay processing.  \nIV. Reason for Withdrawal. You must provide the reason for the withdrawal if taking a Total or Partial Distribution.  \n1) Normal. Recipient is over age 59-1/2 . Normal distributions are generally taxable as ordinary income; see discussion below for Roth IRA withdrawals. If you have made nondeductible contributions to your traditional IRA, a certain portion of your distribution may be nontaxable, as computed and elected by you on Form 8606. The Authority does not account for any nondeductible contributions. On distribution, it is up to you to report any such return as a nontaxable amount.  \n2) Early Distribution. If you are under age 59-1/2 and take distribution, you may be subject to early withdrawal tax of 10%. In general to claim any exception from the 10% tax, you must file IRS Form 5329. This tax is in addition to regular income tax on the taxable portion of your distribution. Certain exceptions to the 10% additional tax may apply, including distribution on account of:  \na. death;  \nb. disability;  \nc. payments made as part of a series of substantially equal periodic payments made at least annually over your life (or life expectancy), or over the joint lives (or joint life expectancies) of you and your designated beneficiary;  \nd. payments for medical care to the extent such distributions do not exceed amounts allowable as a deduction under Code Section 213;  \ne. health insurance premiums for unemployed individuals;  \nf. payment of qualified higher education expenses as defined under Code Section 72(t)(7) for you, your spouse, your children or grandchildren; and  \ng. payment of qualified first-time home buyer distributions as defined under Code Section 72(t)(8), $10,000 lifetime limit.  \n3) Mandatory (RMD) . Age 73 required amount. Minimum distributions are required from your Deemed Traditional IRA Account beginning the year you attain age 73; however, a minimum distribution is not required for a Deemed Roth IRA Account during your lifetime. Special rules apply in the event of your death depending on whether you die before or after any minimum required distributions have commenced. The ","cbCaisz00nZ4Qhrg","https://ap.wps.com/l/cbCaisz00nZ4Qhrg","pdf",462419,13,"English","# Deemed IRA Account Withdrawal Form Instructions and Definitions\n## Rules and Conditions\n## Complete Personal Information\n## Select Deemed IRA Account Type\n## How Account Is Paid (Withdrawal Amount)\n## Reason for Withdrawal\n### Normal Distribution\n### Early Distribution\n### Mandatory (RMD)\n### Disability\n### Excess Contribution\n### Death\n## Qualified vs. Nonqualified Roth Withdrawals","[{\"question\":\"What information must be provided to ensure proper tax reporting?\",\"answer\":\"You must supply all requested information that is true, complete, and accurate. The instructions recommend consulting a tax advisor or accountant before making selections to determine tax consequences.\"},{\"question\":\"What withdrawal payment options are available for a Deemed IRA account?\",\"answer\":\"Options include Total Distribution, Partial Distribution, Required Minimum Distribution (RMD) paid as a one-time payment, and Transfer or Rollover. For transfer/rollover, the amount is issued as a paper check payable to the receiving trustee/custodian.\"},{\"question\":\"How are Roth IRA withdrawals treated when determining taxability?\",\"answer\":\"Roth IRA distributions may be subject to tax depending on whether the amount is a qualified distribution. A qualified distribution is tax-free federally and requires both a five-taxable year period condition and a qualifying distribution timing/event such as attaining age 59-1/2 or distribution to a beneficiary.\"}]","Deemed IRA Account Withdrawal Form Instructions and Definitions | PDF",1789803045]