- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: IRA distribution question.
Posted on 4/17/13 at 2:18 pm to rmc
Posted on 4/17/13 at 2:18 pm to rmc
quote:
Damn... so if you are in the 25% tax bracket and you withdraw early and the withdrawal is taxable you get hit for 35%.
Right
quote:
I thought it was just on any appreciation or earnings above the contributions.
Why would you think that? You've paid 0 taxes on the traditional IRA. SO when you pull it out, you are taxed.
1
Posted on 4/17/13 at 3:00 pm to Broke
quote:
Why would you think that? You've paid 0 taxes on the traditional IRA. SO when you pull it out, you are taxed.
The 10%, not the regular tax rate. I understand its tax deferred. I always just through the 10% was on anything you take out above what you put in if its early with no exemptions.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News