Tax Traps
Taking early withdrawals from your retirement plan unless your last name is Gates or Buffet, chances are you need some extra cash from time to time. In those situations, it can be difficult to ignore a sizeable nest egg sitting in your IRA, 401(k), or 403 (b). But, unless you're nearly 60 or older, you'll probably find it worth your while to steer clear of this common tax trap.
     
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