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Canuck57[_9_] Canuck57[_9_] is offline
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First recorded activity by BoatBanter: Oct 2009
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Default Where does the Goldman Sachs money go??

On 26/04/2010 10:46 PM, wrote:
On Mon, 26 Apr 2010 17:52:24 -0600,
wrote:

That might not be a good idea unless you are over 59 1/2 or something.


That is foam in the wake ;-)


How do you mean? I thought if you start taking money out of the
IRA/401k that there was a 10% surtax or something if you were less than
59 1/2.

Me, no tax expert on this. Just seeking to understand. Because if all
I had to do is pay a normal rate of taxes on it, I might start drawing
on it sooner than later.

--
Socialism and statism are great as long as someone else pays for it.