What happens if I take money out of my Qualified Plan or IRA prior to reaching 59 and 1/2?

If you take money out of a qualified plan or IRA before you reach the age of 59 and 1/2, your withdrawal is called an early distribution, and you will have to pay a 10% early distribution tax on the money unless you can meet one of the following exceptions:

Please contact one of our IRA Experts at 800-472-0646 for more information.

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