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Home loans
Yes if you take a withdrawal and not a loan it will still be taxable income so you should have taxes taken out. The exemption is only for the 10% Early Withdrawal Penalty. And be careful, it will add to your income and may push you into a higher tax bracket. You can lose up to 50% for taxes (federal & state) and penalties.
‎January 19, 2022
8:11 AM