Re: Pension vs Lump Sum - Which One to Take if I Am Not Retired Yet
Quoting llworking
If it goes through his hands many trustees will insist upon withholding tax and then that much of the money won't be available for a rollover and therefore taxes will have to be paid on that part.
I never heard that before. If the amount of the payout equals the amount of the roll-over, what withholding are you talking about.
A person can rollover the entire sum from one retirement account to another without withholding. He is not taking any distributions.