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URL:  http://boards.fool.com/if-you-decide-to-take-money-from-your-ira-prior-to-10026998.aspx

Subject:  Re: Fool's Age Date:  9/3/1997  3:09 PM
Author:  bobewald Number:  282 of 76075

If you decide to take money from your IRA prior to your turning 59 1/2 you may be in for a nasty surprise from your State income tax as well as the Feds.. In California the penalty is an additional 9% over and above the regular income tax.
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