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re: Various Financial Questions

Posted on 1/3/13 at 3:45 pm to
Posted by Lsut81
Member since Jun 2005
80232 posts
Posted on 1/3/13 at 3:45 pm to
quote:

You pay an additional 10% penalty if you do not roll the 401k over to an IRA and rather put the money in your bank account.



Ok, thought the 10% was on there no matter what... Thats good to know

Thanks for the insight
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