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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: Credit card debt Date:  3/13/2008  10:31 PM
Author:  raetsu Number:  269495 of 312161

We have about 13K in an IRA, a 401K, and a 403B

Don't touch the retirmement accounts. Not only will you owe taxes on the $13K, but 12.5% early withdrawl penalty.

Not only will you pay the penalty but 10% in TAXES too.
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