3 ms·
I'm unfamiliar with ROBS, but in the general case, you not only face penalties for early withdrawal, but it counts as added regular income for tax purposes.
by DrScump 9y ago
I'm unfamiliar with ROBS, but in the general case, you not only face penalties for early withdrawal, but it counts as added regular income for tax purposes.
- nylonstrung 9y agoWell the point of ROBS is that neither of those apply as far as I can tell. I certainly would not take money out were that not the case.