If it's a pension plan, every dollar you take out is subject to ordinary income tax because that gain has never been taxed before and the IRS wants your money,
More Quotes from Frank Armstrong:
They're not losing anything in the way of deductions. And their money is locked up for a long time.Frank Armstrong
This is disappointing news for patients and for us at Bayer. We had hoped that this agent would be a significant advance in the treatment of these diseases.
Frank Armstrong
Why not just walk over to Vanguard and buy the SP 500 index fund
Frank Armstrong
What you inherit may not be appropriate for you, but you can change that. It's a one-time free way to change the portfolio that meets your needs.
Frank Armstrong
Of course he's going to tell you about all the great benefits, ... He's going to stand on the table and dance.
Frank Armstrong
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Ernest Hemingway
Support a compatriot against a native, however the former may blunder or plunder.
Richard Francis Burton
Believe in life! Always human beings will live and progress to greater, broader, and fuller life.
W. E. B. Du Bois