Posts Tagged ‘ten percent penalty’

Can one withdraw money from an IRA without incurring the 10% penalty?

  • January 15th, 2020
  • David Greene
  • Comments Off on Can one withdraw money from an IRA without incurring the 10% penalty?

Money can be withdrawn from an IRA at any time for any reason, but if it is withdrawn before the owner reaches 59 ½ a 10% penalty will generally be imposed.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