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Retirement tax questions
@Opus 17 Is this true for married couples filing joint or can both parents only withdrawal if they are filing separately? For ex:
- baby born in Feb 2024
- dad takes out 5k from his regular 401k June 2024
- mom takes out 5k from her Roth 401k June 2024
- they file married/joint
How would the above be penalized/taxed?
‎June 3, 2024
11:17 PM