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IRA penalties
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Bernie's Avatar
 
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Posts: 107
Join Date: Apr 2006
Location: Virginia
IRA penalties - 07-13-2008, 09:13 AM


IRA/401K
I would pay down some of my debt but my money is tied up in 401K's that are sinking fast. I do not mind paying taxes on it as income but to tack on an extra 10% penalty for trying to do the right thing is a thing who's time is over.

Could we get rid of this penalty? This whole country is one big hardship clause right now.




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