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Posts tagged Individual Retirement Accounts

Tax Issues with early Distributions f...

Tax Issues with early Distributions from Retirement savings.
Tweet Taxpayers may sometimes find themselves in situations when they need to withdraw money from their retirement plan early. What they may not realize is that that it may mean a tax impact when they file their return. To discourage the use of IRAs for the purposes other than retirement, tax law imposes a 10% additional tax on early distribu [...]

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