• Avoiding the 10% IRA Early Withdrawal Penalty – What every Traditional IRA owner should know

    Avoiding the 10% IRA Early Withdrawal Penalty – What every Traditional IRA owner should know

    Avoiding the 10% IRA Early Withdrawal Penalty – What every Traditional IRA owner should know While it is not a good idea to tap retirement accounts prior to retirement age, sometimes it cannot be avoided. What can often be avoided, however, is the punitive 10% penalty for early fund distributions. Outlined here are exceptions to the 10% penalty rule for Traditional IRAs Avoiding the 10% IRA Early Withdrawal Penalty  It is one thing to be taxed on retirement contributions and their related earnings when you withdraw funds from your Traditional IRA during retirement, it is quite another when you pay

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