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You shouldn't take your investments out early. What do you think are some consequences of taking money out of your retirement early?
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You shouldn't take your investments out early. What do you think are some consequences of taking money out of your retirement early?

User Charles Worthington
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1 Answer

13 votes

Answer:

You could trigger a higher tax bill.

You may have to pay a penalty.

Your request might be denied.

The withdrawn funds won't earn interest.

The distribution might not be protected from creditors.

Step-by-step explanation:

User KenavR
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