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Retirement tax questions
Thank you for your response. So, if I am not age 59 1/2, but I have reached the 5 year limit for contributing (started in 2013), then the $13,000 excess removal is considered a non-qualified distribution and therefore subject to the 10% tax on early withdrawal and included in gross income for the year removed, is this correct?
‎January 3, 2020
9:10 AM