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Retirement tax questions
Early withdrawals are taxed at the tax rate for the bracket your total income lands in...as well as a 10% penalty for early withdrawal. Its quite common for the withholdings on a early retirement distribution to create a larger tax liability then the withholdings will cover.
♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪
June 3, 2019
6:34 PM