lfebre
Sep 1, 2007, 07:22 PM
What are the penalties for early withdrawl of 401k in Florida
Fr_Chuck
Sep 1, 2007, 07:47 PM
You will have to pay the 10 percent penalty plus all taxes on the money.
You can expect to have to pay 30 to 40 percent total for taxes and penalty. ** Depending on your total income and tax level
AtlantaTaxExpert
Sep 4, 2007, 09:47 AM
Fr Chuck covers all the pertinent issues.
My only comment is DO NOT DO IT!