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Paying medical expenses with your 401K funds does count as an exception to the 10% tax. However, the bills must exceed a certain percentage of your AGI for 2019. Please see the details below.
Please view this IRS link for more information.
Paying medical expenses with your 401K funds does count as an exception to the 10% tax. However, the bills must exceed a certain percentage of your AGI for 2019. Please see the details below.
Please view this IRS link for more information.
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