Thursday, February 4, 2010

Withdrawl From 401k After 61 Are There Any State (NY) Penalties For Early Withdrawl From 401k, Or Only The 10% At The Fed Level?

Are there any state (NY) penalties for early withdrawl from 401k, or only the 10% at the fed level? - withdrawl from 401k after 61

No, but state and federal taxes (in addition) to 10% of the federal death penalty.

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