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Ask Paula: Should I Take a Higher-Paying Job if I Can’t Save As Much for Retirement?

Afford Anything

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Is There a Penalty for Early Withdrawal?

Paula, let's take the easy question first. Should they try to pay that back and fill in that money, or should they let it go? What people need to know about this is the consequences of if they let itGo. She willn't have that penalty because she old enough to be eligible for regular distributions. If you're pre 59 and a half, you will pay a penalty for early withdrawal. Joe, young enough?

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