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28 Feb 2022 13:06:25 UTC
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Tax Traps When Withdrawing Money From Retirement Accounts
Withdrawing money from a retirement account can create a lot of confusion on your tax return. Is the withdrawal taxable? At what tax rate? Should you withhold taxes or will you have to pay a penalty? These are questions you need to be aware of before you pull money from your retirement account. Here are three tax traps to watch out for.

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