Penalties and taxes

catandhen Posts: 2, Reputation: 1

New Member

Jan 12, 2013, 01:31 PM

Penalties and taxes

What if I take out all and close it out? I haven't contributed to this for over 11 years. It has $7000.00 in it.

JudyKayTee Posts: 46,503, Reputation: 4600

Uber Member

Jan 12, 2013, 01:57 PM

Take "it all" out of what?

AtlantaTaxExpert Posts: 21,836, Reputation: 846

Senior Tax Expert

Jan 12, 2013, 05:43 PM

Assume you mean traditional IRA. How old are you?

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