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Does the 401(k) Early Withdrawal Penalty Fall Off After 10 Years? episode artwork

EPISODE · May 23, 2024 · 7 MIN

Does the 401(k) Early Withdrawal Penalty Fall Off After 10 Years?

from Tax Relief with Logan Allec, CPA · host Logan Allec

You made the decision over to take money out of your 401(k) early and got hit with the 10% additional tax (A.K.A. "the 401(k) early withdrawal penalty") on Form 5329. Does this penalty fall off after 10 years just like other tax debt? I get into it in this episode!Do you have tax debt? Call us at 866-8000-TAX or fill out the form at https://choicetaxrelief.com/Mentioned Video Link:-IRS Statute of Limitations on Collections Explained in Full by a CPA:    • IRS Statute of Limitations on Collect...  

Episode metadata supplied by the publisher feed · Published May 23, 2024

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Does the 401(k) Early Withdrawal Penalty Fall Off After 10 Years?

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