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My employer paid out my non-qualified 401k. Me and my employer contributed. How to answer Did you take money out of your nonqualified pension plan? after entering my W2?
The options are 1) Yes, I took this money out of my non-qualified or Section 457 plan and 2) No, this is money I contributed to my nonqualified or Section 457 plan. Both are true. My employer paid everything out when my employment was terminated but the money in the account was partially money I contributed (from spillover 401k contributions) and partially "retirement contributions" my employer contributed. I do not know how much I contributed vs. how much my employer contributed.
