Posts Tagged ‘taking money from your 401k early’
Taking Money From A 401k Early Without The Penalty
If you are under the age of 59 ½ and want to take out money from your 401k then you are going to get hit with something called an early 401k withdrawal penalty. This penalty takes away 10% of any money you withdraw. And because this money is considered an income you would also have to pay taxes. (more…)