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Old 11-19-2010 | 11:56 PM
  #52882  
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DAL73n
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Joined: Dec 2009
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From: 737n/FO
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Originally Posted by Michael70776
As long as you pay the penalties, the IRS doesn't care if you withdraw the money from a 401k or an IRA.
Actually, Penalties and Applicable Income taxes for that year - overall you'll lose about 30-40% of what you withdraw early.

Also, Don't be surprised if someone tries to come after the Roth IRA money someday. We're running out of things to tax.