Early withdrawals from a traditional IRA before age 59 1/2 generally incur a 10 percent penalty tax on the taxable portion of the withdrawal. There are several exceptions to this rule that can help you avoid the penalty under specific circumstances. Below, we have outlined the key exceptions that may apply to your situation.
Tax Knowledge
The Happy Camper Foundation believes summer camp offers children a way to step back from the stress in their lives and focus on just being a kid. Their organization’s 30+ years of experience with summer camps around Southern California has shown that a parent’s biggest determining factor