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What is the early withdrawal penalty?

In Annuities - Variable Annuities - Asked by Admin - 11 months ago

The early withdrawal penalty for a retirement account is if you withdrawal the funds before the age of 591/2 you will get a 10% tax penalty.

Answered by Admin - 11 months ago

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Are you hunting for an answer to your variable annuity question; Zuuply.com has hundreds of answers to variable annuities and annuity questions. Variable annuities are a great way to have stable income each and every month. You can also ask our experts questions like "what is the early withdrawal penalty?" or anything related to annuities and get a fast, concise answer that is free.