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.
01391
1 Best answer
Lisa995
Alumni
Jun 4, 2019 5:48:32 PM
No exception for that, sorry. Retirement accounts are an expensive place to get money from for things like that.
1 Replies
Lisa995
Alumni
Jun 4, 2019 5:48:32 PM
No exception for that, sorry. Retirement accounts are an expensive place to get money from for things like that.