- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
From what? A 401K or an IRA? It will add to your income and be taxable and may push you into a higher tax bracket. And if you are under 59 1/2 there is an 10% Early Withdrawal Penalty unless you have an exception. So you can lose like up to 50% with taxes and penalties. It's usually not a good idea to take a withdrawal.
‎December 3, 2019
11:17 AM