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10-13-2009, 11:49 AM
cmdrost
Red Snapper
Join Date: May 2009
Location: Lake Charles via Choupique Bayou
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IRS takes 10% out for any early withdrawal. Then the rest is treated as normal income, so depending on your tax bracket (if in 25% tax bracket), its a total of 35% going to the IRS. Again, could be higher or lower depending on your bracket.
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