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Retirement tax questions
@pennyapple853 The other information you have not mentioned here is how old you are. If you are taking money out of your retirement account before you are 59 1/2, then you are subject to a 10% early withdrawal penalty in addition to the ordinary income tax. Provide some details about your age and what kind of retirement account you are taking the money out of.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎November 6, 2022
3:33 PM