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There are heavy penalties and taxes for early withdrawal of your money from a retirement account. O True O False​
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5 votes
There are heavy penalties and taxes for early withdrawal of your money from a retirement account. O True O False​

User Damned
by
6.6k points

2 Answers

10 votes

Answer:

True

Step-by-step explanation:

Banks do not like it

User Benjamin White
by
6.6k points
7 votes
True if you are under a certain age. This is a retirement account. Therefore it’s to be used after retirement.
User Graup
by
7.2k points
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