Thread: IRA question
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Old 12-11-2008, 09:24 AM
noppenbd noppenbd is offline
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I did this a few years ago during a rollover and I got a physical check for the entire amount of the IRA (they did not withhold the 20% because I asked them not to).


Just be aware that if you miss that deadline by even 1 day you will owe taxes and penalties on the whole amount you withdrew. I believe the clock starts when the check is cut (not when you receive it), but double-check that with the IRA provider.
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