He will only pay a 10% penalty if he draws it out. Then he will have to pay taxes on top of that. Unless he's over 59 1/2 years old. Then he doesn't have to pay the penalty. The amount of taxes will depend on the amount he has in there. Funny thing is he could lose 10-50% just leaving it in there another year. His choice. I know this to be fact because I just did this very same thing he's talking about and I'm 47 years old and it was with Vanguard.
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Today's Featured Article - Buying your first tractor: The People You Buy From - by Chris Pratt. If you are a first-time buyer, chances are that you are likely to take the word of the seller on things. This is where the problems start... You have reviewed your implement needs and determined the size of machine that will fit the bill and even made a list of the most desirable models. You checked on the availability of a 3-point hitch for the machines on the list and advertised in your local classified paper with so
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