qbteachmt
Level 15
02-27-2021
12:02 PM
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You still need to deal with the Excise tax on it. You can typically handle it one of 3 ways: get it back, leave it and pay the penalty tax, or allocate it until it is absorbed to future years.
I find great resources for these from the investment companies all over the web. Her's one:
https://www.investopedia.com/articles/retirement/04/042804.asp
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