- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Yes. Health insurance premiums are considered medical expenses. If you are looking to avoid the 10% penalty on early withdrawal, it is helpful to remember that medical expenses must be greater than 7.5% of adjusted gross income to be counted.
You can read more about this topic here: An Early Withdrawal From Your 401(k): Understanding the Consequences
‎January 21, 2025
3:18 PM