Sentences with «addition to ordinary income taxes»
Any withdrawals taken during the first two years of an employee's participation in the plan are subject to a 25 % tax penalty in addition to ordinary income taxes. (ufcu.pfyfn.com)
This is in addition to the ordinary income tax that you would pay outlined in bullet # 1 above. (moneyahoy.com)
If you withdraw money before age 59 1/2, you will pay a 10 percent penalty in addition to the ordinary income tax rate. (money-rates.com)