Chickens coming home to roost....Letitia James and mortgages...Twitter, Laura Loomer back at it.
(twitter.com)
🚔 Crime & Democrats 💸
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Taking 80k out of retirement is a crime? Holy crap! Sorry fren.😔
Because income tax is deferred on retirement savings taking it out before retirement means it’s income, and you pay income tax, but there’s also a 20% penalty, so taking out 80 costs you 40 to IRS.
Yikes.