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Hi, did anybody ever experience wrong tax calculations by JPMC Payroll/tax team ? Or is there any specific month where they deduct more tax. Huge amount of tax deduction is done for Oct payout. From my CA’s calculation the amount deducted by JPMC team looks wrong. Anybody experienced this?
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Call your 401k company and request a rollover into an IRA with the new 401k provider
Or just roll it over to the new 401(k). This will save you a headache if you ever do a backdoor Roth IRA.