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neeleda
New Member

Had retirement savings withdrawals in 2021

 
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‎March 9, 2022 3:35 PM
last updated ‎March 09, 2022 3:35 PM
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RobertB4444
Employee Tax Expert
Employee Tax Expert

Had retirement savings withdrawals in 2021

If you withdrew money from your retirement account in 2021 and you are under 55 there are a few possible exceptions that will keep you from having to pay the 10% penalty for early withdrawal. 

 

Here are the exceptions.

 

But there is no special treatment like last year.  It's all taxable.

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‎March 9, 2022 3:41 PM
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