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Old 02-12-2019, 09:37 AM
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Penalty?

I retired at age 50 from a state agency and went to work at a private company. I receive a monthly check from my retirement. Taxes are withheld and I get a 1099-R. Tax software says I owe a early withdrawal penalty on my retirement. Is this correct? If so, will this occur every year until I?m 59 1/2?



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