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Can you withdraw money from a mutual fund without penalty 2024?
Questioner：Amelia Lewis 2023-05-07 11:50:06
The most authoritative answer in 2024
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Ruby Turner——Studied at University College London (UCL), Lives in London, UK
If your mutual funds are in a retirement account and you are younger than 59 1/2 years old, the penalty for cashing out is 10 percent plus any income taxes owed on capital gains. If you didn't pay income tax on the money before it was deposited to your retirement account, that money is taxed as regular income.read more >>+119962023-05-12 11:50:06
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