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-   -   Withdrawal From my IRA at Age 68 in SC (https://www.askmehelpdesk.com/showthread.php?t=724452)

  • Dec 26, 2012, 07:19 PM
    Sherrie Morriso
    Withdrawal From my IRA at Age 68 in SC
    What tax rate will I pay on a partial withdrawal from SC Retirement Great West system? I was 68 in August and need to liquidate an asset before December 31.
  • Dec 26, 2012, 09:58 PM
    AtlantaTaxExpert
    There will be NO Early Withdrawal Penalty, so you pay taxes at the normal rate, probably at 15%.
  • Dec 27, 2012, 04:23 AM
    ScottGem
    Your tax rate is based on your income, not your age.

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