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-   -   401k early withdrawal (https://www.askmehelpdesk.com/showthread.php?t=124944)

  • Sep 1, 2007, 07:22 PM
    lfebre
    401k early withdrawl
    What are the penalties for early withdrawl of 401k in Florida
  • Sep 1, 2007, 07:47 PM
    Fr_Chuck
    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
  • Sep 4, 2007, 09:47 AM
    AtlantaTaxExpert
    Fr Chuck covers all the pertinent issues.

    My only comment is DO NOT DO IT!

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