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If you take distribution
from your retirement
account, the entire distribution is usually taxable in the year it is distributed, unless you were born before 1936.
If you are younger than 59 1/2 there also will be 10% early distribution penalty unless you qualify for one of the exceptions listed here: http://www.irs
The exception only apply to the penalty, the amount will still be included in your income and taxed at your marginal tax rate
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