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Legit ?...would you liquidate a 401k for this?
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lowcop
Posted 8/11/2024 04:31 (#10846547 - in reply to #10846467)
Subject: RE: Legit ?...would you liquidate a 401k for this?


Keep on Truckin - 8/10/2024 22:21

They take 20% but you end up paying at your normal rate.


After 59 1/2 401k withdrawals are taxed just at your normal rate, there is no penalty.
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