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aegon85
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I was wondering if there was an exemption that we could take to reduce the taxes on our withdrawal for a 401k. We actually used all the money to pay off one of our cars.

 
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I was wondering if there was an exemption that we could take to reduce the taxes on our withdrawal for a 401k. We actually used all the money to pay off one of our cars.

No exception for that, sorry.   Retirement accounts are an expensive place to get money from for things like that.

♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪

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I was wondering if there was an exemption that we could take to reduce the taxes on our withdrawal for a 401k. We actually used all the money to pay off one of our cars.

No exception for that, sorry.   Retirement accounts are an expensive place to get money from for things like that.

♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪
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