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I Am 68 And Wish To Withdraw 5000.00 From My 401k What Will My Tax Or Penalty Be?

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    You are old enough to withdraw without penalty.  The tax depends on your income bracket--there are additional deductions available to your for being a senior.  Check with a tax consultant or the irs code at irs.gov
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    Lovetotalk  

    answered 11 months ago

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