Register
There are heavy penalties and taxes for early withdrawal of your money from a retirement account. O True O False​
190k views
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
7.7k points

2 Answers

10 votes

Answer:

True

Step-by-step explanation:

Banks do not like it

User Benjamin White
by
8.3k 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
8.5k points
← Prev Question Next Question →

Related questions

User Helen Wood
asked Jun 2, 2024 122k views
Roth IRA investors may perform early withdrawal without paying penalties? 1) True 2) False
Helen Wood asked Jun 2, 2024
by Helen Wood
7.6k points
1 answer
4 votes
122k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

This gas makes up close to one fourth of the air surrounding earth
Is the plurea one of the membranes beside the lungs?
How to make a cheesecake in 5 simple steps?
To develop good eye habits, you should ___________.
How do heart and lungs work together?
Link Copied!