What are IRA withdrawals, and how do I perform one?

What are IRA withdrawals, and how do I perform one?
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1 Answer

Answer :

All withdrawals from a traditional IRA before age 59 1/2 are considered early withdrawals. If you take an early withdrawal from your traditional IRA, then in addition to any regular federal income or state income tax due on the withdrawal, you also need to pay an additional 10% tax penalty.
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Related questions

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