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To: CarmichaelPatriot

“You still have to count it as income this year, “

Possibly not.


9 posted on 06/19/2020 4:26:56 PM PDT by TexasGator (Z1z)
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To: TexasGator
You do....whatever time your take it out...you have to pay taxes. The benefit was that later in life, when you're not making so much, you would pay taxes at a lower rate. So it depends on your circumstances.

I'd take it out rather than go into debt.

13 posted on 06/19/2020 4:32:23 PM PDT by Sacajaweau
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