BENDER
Level 1
12-07-2019
11:05 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Best Answer Click here
Labels
Terry53029
Level 14
12-07-2019
11:05 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
from IRS "Generally, the amounts an individual withdraws from an IRA or retirement plan before reaching age 59½ are called ”early” or ”premature” distributions. Individuals must pay an additional 10% early withdrawal tax unless an exception applies"
IRonMaN
Level 15
Just-Lisa-Now-
Level 15
12-07-2019
11:05 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If you're only 59 ¼ then you're not 59 ½ and the penalty will apply, but anytime in the year AFTER turning 59 ½ then no penalty.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
George4Tacks
Level 15
12-07-2019
11:05 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Fancy fractions!:+1:
Here's wishing you many Happy Returns
Here's wishing you many Happy Returns
itonewbie
Level 15
12-07-2019
11:05 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
That's why Lisa has that fancy £. :smile:
---------------------------------------------------------------------------------
Still an AllStar
Still an AllStar
George4Tacks
Level 15
12-07-2019
11:05 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Darn! I thought her name was poundisa?
Here's wishing you many Happy Returns
Here's wishing you many Happy Returns