I just withdraw everything from my IRA: about $68K, and I'm willing to pay taxes and penalties on that, because I'm unable to invest capital effectively (I don't wish to invest in US stocks or dollar ...
Are the contributions to a traditional IRA taxed differently than the earnings when withdrawn and/or are they both considered taxable income when withdrawn? And at what rate? Capital gain or regular ...
Does anyone know if the 10% early withdrawal penalty on traditional IRA is on the pre-tax or post-tax amount? Let's say I withdraw $5k from my IRA, and I pay 20% (example) in taxes, is the additional ...