Any amount withdrawn ABOVE the minimum required amount will be eligible for rollover within 60 days of the distribution. Income tax must be withheld from that portion if the rollover option is not elected. Employer-sponsored qualified retirement plans, such as 401(k) plans, require the same distributions that IRAs do.
Middletown, DE. Sponsored Topics. Middletown is a town in New Castle County, Delaware, United States. According to the 2010 Census, the population of the town is 18,871. Middletown is located at 39Â°27â²16â³N 75Â°42â²50â³W / 39.45444Â°N 75.71389Â°W / 39.45444; -75.71389 (39.454352, -75.713816) with an elevation of 69 feet (21.0 m).
Rich historical center. Located on the Delaware River, New Castle is home to almost 500 historic buildings dating from 1700 to 1940. Middletown is a few miles southwest of New Castle, close to the Maryland state border. Both towns offer easy access to sports fields, parks, swimming, biking and walking trails, as well as enjoying a proximity to the University of Delaware in Newark.