What’s the IRS penalty for cashing in a retirement account?

June 8, 2010 · Posted in IRS Problems · 6 Comments 

It’s a 401(a) that my employer automatically contributed to. I didn’t even know I had it until I left the job and there is very little in it …not worth transferring to an IRA so what percent will the IRS take if I withdraw it?

Originally posted 2010-01-22 22:04:19. Republished by Blog Post Promoter

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