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Escape2Freedom OP t1_j2bo928 wrote

Reply to comment by Werewolfdad in Penalties For Withdrawing from My Vanguard Index Fund Early?? by Escape2Freedom

Individual taxable account.

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Werewolfdad t1_j2boikh wrote

Those don’t have penalties. Taxes depend on your gain or loss

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Escape2Freedom OP t1_j2bomle wrote

Okay that's kind of a relief. Sounds better than withdrawing from my 401k account.

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Bad_DNA t1_j2bxjxl wrote

Yes, you leave tax-advantaged accounts alone until you have exhausted all other accounts. But why do you have to withdraw? No job? Emergency spend? Bad budgeting?

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