You should still file your taxes, even if you can’t pay, as the failure-to-file penalty may be 10 times more than the failure-to-pay penalty. If you are unable to pay in full, try to […]
From the penalty Tag
You can take a distribution from your 401(k) without penalty only if you leave employment or the plan terminates, you turn 59 ½ years old, or you qualify for a hardship withdrawal. The penalty […]