Kenn Tacchino - Profile and Journalist Details
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Kenn Tacchino
Verified
Editor, Journal of Financial Service Professionals
Chester
Beats
Lifestyle, Entertainment Economics,Politics Sports, Media
Content
By Kenn Tacchino| MarketWatch Verified In an effort to discourage the use of retirement funds for purposes other than retirement, Congress enacted a supplementary tax that applies to premature distributions. However, the dreaded 10% Internal Revenue Code Section 72(t) penance does not apply to all withdrawals, and several statutory exceptions have been carved out. In addition, in the last six months the legislature has added new opportunities to circumvent the 10% penalty, which makes this a great time to review the topic.
By Kenn Tacchino| RealClear Markets@ Where Should You Put Your Retirement Contributions?
By Kenn Tacchino| MarketWatch Verified In an effort to discourage the use of retirement funds for purposes other than retirement, Congress enacted a supplementary tax that applies to premature distributions. However, the dreaded 10% Internal Revenue Code Section 72(t) penance does not apply to all withdrawals, and several statutory exceptions have been carved out. In addition, in the last six months the legislature has added new opportunities to circumvent the 10% penalty, which makes this a great time to review the topic.
Company Info
Journal of Financial Service Professionals
Chester, Pennsylvania, United States
+1 888-934-3637