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Retirement tax questions
If you took the money from your 401K for specific coronavirus related reasons, you may not be required to pay the 10% early withdrawal penalty for persons under age 59 1/2. See this for the specific issues that might qualify you to avoid the 10% penalty: https://www.irs.gov/newsroom/coronavirus-related-relief-for-retirement-plans-and-iras-questions-and-...
August 4, 2020
12:32 PM