Withdrawals from certain investment accounts are subject to ordinary income tax, and withdrawals made prior to age 59 1/2 may be subject to a 10% federal tax penalty.

Authors

• Person: Not available Organization: Charles Schwab
  Managing Money: Six Principles of Personal Finance

Sources

• Managing Money: Six Principles of Personal Finance www.schwab.com Charles Schwab via serper

Referenced by nodes (1)

• ordinary income concept