Video Tips: Thinking about Making Early Retirement Fund Withdrawal?
Withdrawing funds from retirement savings early may seem like an easy way for quick cash, but it can come with heavy tax penalties and costly tax consequences. Watch this video for details.
January 15, 2023
No matter how much people plan, unexpected events occur. Often, those events result in unplanned expenses. To cover these costs, people sometimes withdraw funds from their retirement savings early. While this may seem like an easy way to quickly get cash, early withdrawals can come with heavy tax penalties and costly tax consequences. Here’s some important info for people to consider before they dip into their hard-earned retirement savings.
