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To: WildHighlander57
I read someplace about 59 1/2, is that the earliest one can cash out the Ira’s or 401k’s?

You can do it earlier, but in addition to the regular taxes owed, you'll get hit with an additional 10% penalty for, uh, premature withdrawal.

30 posted on 12/08/2012 6:34:49 PM PST by Pearls Before Swine
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To: Pearls Before Swine

Seems nobody likes premature withdrawal


34 posted on 12/08/2012 7:14:40 PM PST by philetus (Keep doing what you always do and you'll eventually get what you deserve)
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