Episode 252: 10% Penalty Rules
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Do you need to withdraw money from your retirement accounts prior to age 59\\xbd? If so, there will be a penalty for doing so. But keep in mind that there are exceptions to every rule. In this case, they are referred to as \\u201c10% Early Distribution Penalty Exceptions.\\u201d Ed Slott\\u2019s recent workshop dedicated 38 pages of material to cover these rules! What does that tell you?
Age matters.
Join us today as we share multiple examples of how important it is to understand the rules and use the exceptions wisely. Tune in and take control!
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