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NewtDJ
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Early distribution, exception applies

I retired at age 49 with a  special NJ retirement.

the number two in the box 7 of my 1099R and then it asks for what the exception is what is the exception that I can use?

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1 Reply

Early distribution, exception applies

I do not believe that qualifies for an exception from the federal penalty for early withdrawal. 

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-exceptions-to-tax-o...

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