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Retirement tax questions
NN23,
If you are 69 and retired, you will be taxed on the 401K withdrawal) (that was previously put in the account as untaxed (pre-tax) money, but you will not pay a penalty. If you are withdrawing after tax money, you won't be taxed on the w/d, but you will on the earnings.
Good luck with those teeth!
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Best,
Karen
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‎July 26, 2023
9:48 AM
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