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IRA Withdrawals that Escape the 10% Tax Penalty

| March 20, 2019
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IRA Withdrawals that Escape the 10% Tax Penalty  

The reason withdrawals from an Individual Retirement Account (IRA) prior to age 59½ are generally subject to a 10% tax penalty is that policymakers wanted to create a disincentive to use these savings for anything other than retirement.¹  Click here to read more.

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