2007-02-25 17:52:46 · 2 answers · asked by doctor_hotrod 1 in Business & Finance ➔ Careers & Employment
Consult with a tax or financial adviser first, because the government could take half your money. Or more.
The government doesn't care if you're ruined. You're only one vote, and if you're retired, that means you won't be putting more money into the system anyway. Protect yourself and do not pull out your money without getting some professional advice. Tax penalties for early withdrawal on retirement accounts can be horrific.
2007-02-25 18:02:49 · answer #1 · answered by Boomer Wisdom 7 · 0⤊ 0⤋
and then what...
give state and feds 40% of it or more?
you need to be careful before you lose your shirt...
get some sound advice...from investment firm or an accountant.
2007-02-26 02:15:24 · answer #2 · answered by cork 7 · 0⤊ 0⤋