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▸ :^) Understanding how your 401k withdrawals are taxed is crucial for smart retirement planning. In this video, we break down the tax implications of withdrawing money from your 401k, whether you're taking an early withdrawal or reaching retirement age. You'll learn about federal and state income taxes, potential early withdrawal penalties, and strategies to minimize your tax burden. Get clear answers on 401k taxation, including the difference between pre-tax and Roth 401k withdrawals, and how required minimum distributions (RMDs) factor in. Protect your retirement savings by knowing the tax rules inside and out!

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