MSRP Withdrawal Requirements, Options & …

Penalty Tax on Withdrawals Before 59½ . All plan withdrawals are subject to State and federal ordinary income tax unless they are rolled over to another eligible plan or IRA. In addition, withdrawals prior to age 59½ from the 401(k), 403(b) or 401(a) plans are subject to a 10% penalty in addition to regular income tax. Exceptions to the 10% ... ................
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