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	<title>New answer on: Does 401K Withdrawal Affect Taxes?</title>

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		<title>By: David G. Pipes, CLU®, RCIP®</title>

		<link>https://insurancelibrary.com/retirement-plans/does-401k-withdrawal-affect-taxes</link>

		<dc:creator>David G. Pipes, CLU®, RCIP®</dc:creator>

		<pubDate>Tue, 03 Feb 2015 23:13:17 +0000</pubDate>

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		<description><![CDATA[When you withdraw money from a 401(k) it is taxed as a distribution of ordinary income.  If you take it out prematurely and you don’t meet an exception you will also be subject to a special 10% surcharge.  Remember that money in a 401(k) has not been taxed previously.]]></description>

		

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