Скачать или смотреть Are Early Retirement Account Distributions Taxable Income?

Considering tapping into your retirement savings sooner than planned? This video dives into whether those early distributions from retirement accounts like 401(k)s and IRAs count as taxable income.

Here's what you need to know about early retirement account withdrawals:
► Understand the general rule: Most early distributions from traditional retirement accounts are subject to income tax.
► Learn about the potential 10% early withdrawal penalty that often applies before age 59 1/2.
► Discover common exceptions to the 10% penalty, such as for disability, medical expenses, or first-time home purchases.
► Consider the tax implications and strategies for Roth IRA withdrawals, which have different rules for contributions vs. earnings.


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