brimccauley673 brimccauley673
  • 02-03-2020
  • Social Studies
contestada

Penalties are applied if money is withdrawn from a retirement account before retirement age. Please select the best answer from the choices provided T F

Respuesta :

andriansp andriansp
  • 09-03-2020

Answer:

True

Explanation:

The fund in retirement account typically can be obtained between the age of 59-65, depending on which retirement plan you use.

For IRA, you can withdraw it by the age of age 59 . If you decided to withdraw the money before that age, you are required to pay a 10% penalty tax From the total amount you accumulated.

Answer Link

Otras preguntas

Which of the following sentences is written in the present tense? A. Rainsford swam to the island after he fell off the boat. B. The sniper continued to shoot e
Nouns that name things that you cannot perceive by the senses are _____ nouns.
explain how to use conversion ratios to convert 704 oz to pounds
Is the GCS of any to even numbers always even
what is the formula of a radius circle ?
Which of the following men is credited as the first English essayist? Francis Bacon Mark Twain Joseph Addison Richard Steele
write down all the factor pairs of 48
A welder’s hourly wage was $15.00 before a 9% raise. What is the new hourly wage? $1.35 $16.35 $166.67 $2.53
Which would be the best resources for someone who is mildly depressed
Fix the sentence by following the apostrophe rule. Cats personalities and dogs personalities are often considered calming to humans. (10 points) Cat's perso