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Workers Pay Billions in Early Withdrawal Fees

Friday, Dec 05 2014
Retirement
Written by  PFA News

American workers dished out $5.7 billion in tax penalties for making early 401(k) withdrawals in 2011 and $5.8 billion in 2010, according to IRS data. So reports The Fiscal Times.

During those two years, early withdrawals totaled more than $100 billion.

Read the full article from The Fiscal Times.

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