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Retirement tax questions
The withdrawal is always subject to regular income tax, there are no exceptions to that.
If you are under age 59-1/2, there is an additional 10% penalty for early withdrawal. The only exception to the penalty that will apply to your case is to exempt the penalty on up to $1000 used for an emergency personal expense. The rest of the withdrawal will be subject to the penalty.
‎February 18, 2026
7:37 AM