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our list of Blogs related to accounting, tax, and other financial advices.

 
Taking money out early from your retirement plan may trigger an additional tax. Here are seven things from the IRS that you should know about early withdrawals from retirement plans: 1. An early withdrawal normally means taking money from your plan before you reach age 59½. 2. If you made a withdrawal from a plan last year, you must report the amount you withdrew to the IRS. You may have to pay...

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