Posts Tagged ‘Penalty’

When can the 10% early withdrawal penalty for IRAs be avoided?

  • David Greene
  • Comments Off on When can the 10% early withdrawal penalty for IRAs be avoided?

Money can be withdrawn from an IRA at any time for any reason, but if it is withdrawn before the owner reaches 59 ½ a 10% penalty will generally be imposed. However, there are certain circumstances where the 10% penalty…

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