Avoid Early Withdrawal Penalties From IRAs and Other Retirement Accounts (Part One)
The government does not want you to withdraw money from your IRAs and other retirement accounts before age 59 1/2. To deter early withdrawals, the government imposes a 10 percent penalty tax, in addition to regular income tax in the case of tax-deferred accounts. But what if you want to access your retirement funds before
ABM Editor
June 16, 2023
