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You will pay ordinary income tax on the distribution. You are not subject to an early withdrawal penalty at your age. In January you will receive a 1099R for the distribution, which you will enter on your tax return. The income will be taxed as part of your other taxable income.
You will pay ordinary income tax on the distribution. You are not subject to an early withdrawal penalty at your age. In January you will receive a 1099R for the distribution, which you will enter on your tax return. The income will be taxed as part of your other taxable income.
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