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No Exception to Early Distribution Penalty for Financial Hardship
When you encounter tough economic times, you may be tempted to tap your retirement plan. If you are considering this, you will want to proceed carefully. If you are under age 59 ½, any distributions you take may be taxable and also subject to the 10% early distribution penalty. Whether or not there is an exception to the penalty for financial hardship is a common misconception.

CONSUMERS, WE WANT YOUR QUESTIONS!
Several questions will be answered in every Thursday edition of The Slott Report. Ask Us

Training For Financial Advisors



Join Ed Slott and Company for 2 full days of extensive IRA training. CE Credits Available. Find Out More

Web-based IRA training sessions. Receive a reference manual with each session. Find Out More

 




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