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Can you cash out a mutual fund 2024?
mutual funds cashing out mutual funds
Questioner：Owen Martinez 2023-05-07 11:58:08
The most authoritative answer in 2024
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Gabriel Hughes——Works at Amazon, Lives in Seattle. Graduated from University of Washington with a degree in Business Administration.
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 >>+119962023-05-13 11:58:08
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