If you choose to drill holes in the basin, make sure the holes are smaller than the solids handling rating of the pump (generally 1/4 in. to 1/2 in. for a standard sump pump). This will prevent larger solids from entering the basin and clogging the pump.
1 You must report the amount you withdrew from your retirement plan to the IRS. 2  You may have to pay an additional 10 percent tax on your withdrawal. 3  The additional 10 percent tax normally does not apply to nontaxable withdrawals. 4  Nontaxable withdrawals include withdrawals of your cost in participating in the plan.
However, you should know that withdrawals from traditional 401(k)s and traditional IRAs are taxed at ordinary income tax rates, and those rates may be higher (or lower) than the dividend tax rate you would otherwise pay, depending on your ordinary income tax bracket in retirement.