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People aren't terrified of plundering their retirement accounts? There are massive and scary tax penalties if you do....
by philwelch 7y ago
People aren't terrified of plundering their retirement accounts? There are massive and scary tax penalties if you do....
- ceejayoz 7y ago10% isn't that massive or scary for someone facing something like a big unexpected medical bill or whatnot. "I can take out $2k to fix the flooded basement and it'll cost me $200 in penalties? OK."
- philwelch 7y agoBut that’s on top of whatever income taxes you didn’t already pay in some cases.