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Early with drawal
tashaldc
Nov 2, 2007, 08:00 AM
I received 3,000 of my 401k. I would like to know the amount of the taxes, and penalty I would have to pay on 3,000 dollars.
KCDave
Nov 2, 2007, 06:51 PM
Income taxes + 10% early withdrawl penalty. Probably about 35%. You would do better to roll it into a roth IRA