Tax-deferred retirement plans, such as traditional 401(k)s and IRAs, were designed to make building up a retirement nest egg easier. So they're structured with both carrots (tax-deferred compounding in the account) and sticks (taxes and sometimes penalties on withdrawals) to encourage you to leave your money in the plan. But what if you need to [...]The post Breaking the Nest Egg: Tread Carefully with Early Retirement Plan Withdrawals appeared first on WABC CPAs.
