Tax Tips
New for tax year 2020. For tax year 2020, if you are under the age of 59 ½, you may be able to take a distribution from your retirement plan without having to incur the 10% early withdrawal [...]
Dear Jason – February 2021
Dear Jason, In 2020 I had to withdraw $20,000 from my Roth IRA. Will I have to pay tax on this distribution? Sarah Dear Sarah, If you have had your Roth IRA for at least 5 years, you can [...]