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  1. #6
    Join Date
    Mar 2012
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    Default Re: Do IRA Withdrawals Affect Unemployment (Pua) in Wisconsin

    Quote Quoting wiscon
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    retirement plans, pensions, annuities, 401(k)’s, 403(b)’s, 457(b)’s, as well as Railroad Retirement Benefits.

    If you roll the payment into another retirement system

    Look at the words they use. They are very precise, but note that they never say, "IRA." IRAs do NOT count. IRAs are so common that they'd have spelled it out.

    They are looking for you getting money in your pocket directly from an employer-sponsored plan. The IRA completely breaks that connection. The italicized "retirement plan" is in reference to putting your money into a subsequent employer's plan, not an IRA. Besides all this, you rolled it over 6 years ago.

    https://dwd.wisconsin.gov/uiben/other-income.htm They have a pretty exhaustive list at this link and it does not mention IRA. So, no, I wouldn't report it.

    Also, that part you quoted is prefaced above in the instructions, "you do not report the retirement payment as wages on your weekly claim certifications."

    You should probably talk more about why you want to do a 72t. I researched those and decided it was too much work back in 1999 and if there were any calculation errors, it would be an expensive mistake.

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