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R
rashellserrato
April 16, 2020
Question

If early retirement pay out was for extreme hardship, is there still a tax penalty?

  • April 16, 2020
  • 1 reply
  • 0 views
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1 reply

K
KatrinaB48
April 16, 2020

It depends on the type of retirement plan and the type of hardship suffered. Please view this IRS link to view the exceptions to the 10% early withdrawal penalty.

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