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Any limit on how much you can withdraw from traditional IRA? Tax implications? Age 62
Any limit on how much you can withdraw from traditional IRA? Tax implications? Age 62 I resigned my workplace and rolled over my 401k into what I believe is called a traditional IRA. (Sorry, I don't know all the terminology). I am age 62. I would like to make a one-time withdrawal of about $300,000. Is this allowed? Does the IRS limit how many dollars you can withdraw at a time or in a calendar year? Also, do I need to check the ...
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